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David Senra - Lessons from the Founder Historian - [Art of Investing, EP.4]

Joys of Compounding

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The Impact of Innovation and Ignoring Others' Opinion

In this book, they were innately curious and interested in building a car, despite being told it was a waste of time. Fast forward to today, and the automobile industry contributes 10% of the US GDP. People in the past thought cars were unnecessary and just wanted better ways to deal with horse waste. This shows that you can't always listen to others' opinions. The willingness to ignore others is rare, but when it comes to choosing what to work on, it's about 10-15%.

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