investing Archives - Alice Strathern

As you get ready to start a new day, let me ask you: what’s the value of your time?

Something that may come to mind is “I’m worth $25 an hour”, or maybe more dollars depending on your occupation and experience level. While that’s a valid answer, time goes beyond the value of money.

One thing you can’t buy more of in this world and that is time.

Minimalismmadesimple.com

The relationship between money and time is peculiar. When you have some cash in your hands, you can either spend it or save it. The same thing happens with the way you use your time. However, unlike money, you can’t get back the time you’ve spent.

Therefore, the value of your time is higher than you can imagine. How are you currently managing it?

Continue reading “What’s the value of your time? Hint: It doesn’t have to do with money” →

One concept that has been buzzing lately is “compound knowledge.” I’ve been seeing it often in the Orange Book’s timeline on Twitter. Anything this person shares on that channel interests me, and if there’s an idea that’s completely new to me, I do a bit more research.

Compound means “made up or consisting of two or more existing parts or elements.” Therefore, compound knowledge refers to integrating all the elements we’ve collected from the various sources we learn from and using them to upgrade our skills or achieve wisdom, for example.

However, compounding is a process that takes time. Immediate results are out of the equation. The core essence is patience and consistency. Outcomes will show as one continues to gain knowledge year over year.

Continue reading “Compound Knowledge: the key to gaining wisdom” →