Eric Siu reflects on what matters most in your 20s. Compounding works in your favor when you're young, but most people are too short-sighted to use it. Warren Buffett's approach to lifelong learning shows why starting early compounds into real advantage.
I think we underestimated the power of compounding in our 20s.
Yes. I never thought about compounding in my 20s at all. And I know people told me like, oh, if you invest in the stock, it goes up over time. When I was in my 20s, I was very short-sighted with my thinking.
He was just like, no, like the most successful people are learning machines, whether it's you're reading all the time, whether it's you're talking to people, which is kind of your way of learning. They never stopped learning until the very end. And he's like, the way Berkshire Hathaway was shaped was because Warren Buffett was learning all the time. Right. And I haven't seen for you or me, if there's anything we haven't slowed down on over the years, I don't think we've slowed down on our learning. The rate of learning hasn't stopped. And that's, I think, the most important thing.
