Humans spent a majority of the time as hunter – gatherers. Therefore we have a bias for immediacy. This is both good news and bad news. Good news when we can use dashboards and other real time feedback for improvement. Bad news because Compound Interest is an invention of civilization which we are not programmed for.
This is the 3rd and final blog in the Cash is reality series.
This is the 2nd blog in the Cash is reality series. You can read the first blog here. A quick recap on part 1: Almost all investors are focused on the PnL while the Cash Flow Statement (CFS) is neglected. We can build our edge by paying more attention to the CFS. Profit and Loss […]
Peter Thiel, founder and former CEO of PayPal and famous venture capitalist starts his book by asking: “What important truth do very few people agree with you on?” Peter Thiel, Zero to One This is a difficult question because you need to have a confident and contrarian opinion to what the masses have. I don’t […]
