One of the core principals of personal finance is compounding interest. Can this concept be applied to other areas? In this episode Carter and Mo discuss finding compounding interest opportunities in business and how to apply this idea to jiu-jitsu.
• Applying the idea of compounding interest to other areas of life (02:40)
• An opportunity for compounding interest Carter recently came across (04:52)
• What compounding interest is (06:12)
• Take money for a deal and investing it in a compound interest opportunity (07:53)
• Mo's experience reading Warren Buffet's shareholder letters (09:06)
• Compounding interest in jiu-jitsu (10:16)
• You should build your jiu-jitsu game around the things that are successful for you (10:49)
• An example of using the idea of compounding interest in jiu-jitsu (13:09)
• How to avoid pitfalls and traps (18:10)
• Bank the fundamentals and earn compounding interest(20:31)
Progressive Insurance Commercial
https://www.youtube.com/watch?v=dTGfLObZYfU
Berkshire Hathaway Shareholder Letters
https://www.berkshirehathaway.com/letters/letters.html
Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway's Vice Chairman on Life, Business, and the Pursuit of Wealth With Commentary by David Clark
https://www.amazon.com/Tao-Charlie-Munger-Compilation-Commentary/dp/150115334X