Joys of Compounding Welcome to Art of Investing
Oct 2, 2023
Exploring the joys of compounding with insights from investors, athletes, and more. Introduction to investing, compound interest equation, upcoming guest speakers.
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From Notre Dame Class To Public Pod Class
- Rick Buhrman and Paul Buser taught at Notre Dame as adjuncts before expanding the class publicly.
- Patrick O'Shaughnessy invited them to open the class, which sparked the pod class project.
Compound Formula Applies Beyond Money
- Compounding is defined by three variables: principal (P), rate (R), and time (T).
- Reframing P as passion, R as growth speed, and T as duration reveals how compounding applies beyond money.
Invest In Your Passion Over Decades
- Find what you're compounding by treating P as your passion or purpose and invest in it deliberately.
- Extend the duration (T) of that investment to decades to unlock true compounding power.