The only working way…

Chamath Palihapitiya at Stanford [Photo credit: Stanford]

“Short term capitalism is about the art of the profitable. Long term capitalism is about the art of the possible. As interest rates approach zero, long term capitalism is the only capitalism that has value“. — Chamath Palihapitiya

“After all, it was no secret that mind-boggling wealth had earlier been amassed by such titans as Carnegie, Rockefeller and Ford, all of whom had retained a huge portion of their business earnings to fund growth and produce ever-greater profits. Throughout America, also, there had long been small-time capitalists who became rich following the same playbook.” — Warren Buffett

“One of the notable aspects of compound growth is that the furthest out years are the most important. In a world where almost no one takes a truly long-term view, the market richly rewards those who do.” — Sam Altman




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