Naval
Play Long-term Games With Long-term People
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:06:02
- More information
Informações:
Synopsis
Pick an industry where you can play long-term games with long-term people. All returns in life come from compound interest over many turns of the game. • Play long-term games with long-term people 0:00 • When you switch industries, you're starting over from scratch 2:21 • Long-term players make each other rich 4:02 • Returns come from compound interest in iterated games 4:49 Transcript: http://nav.al/long-term