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← People and their mental models

Alice Schroeder's mental models

2 claims Alice Schroeder made fit 2 mental models. Most often: Compounding, Play long games. Everything they said here.

Models they name

Their own words name the idea.

Compounding

Small gains that build on themselves beat big one-off wins; so do small losses.

Used by 18 others

Invest in your education as early as you can, so it has the longest time to compound

  1. Alice Schroeder American financial analyst and writer On the other hand, if you are investing in your education and you are learning, you should do that as early as you possibly can, because then it will have time to compound over the longest period. Interview With Alice Schroeder: Buffett's Cold Shoulder (The Motley Fool)fool.com · 10 Nov 2009All korrents from this piece
    Their wordsOn the other hand, if you are investing in your education and you are learning, you should do that as early as you possibly can, because then it will have time to compound over the longest period.

    ↗Interview With Alice Schroeder: Buffett's Cold Shoulder (The Motley Fool)fool.com

    10 Nov 2009

Models we see in what they say

Our reading: their claim applies the idea without naming it. The claim is theirs; filing it here is ours.

Play long games

A longer horizon makes some problems solvable and some short-term wins look like what they are.

Used by 40 others

Choose to learn things that will make you smarter in 10 or 20 years rather than things that may soon be obsolete

  1. Alice Schroeder American financial analyst and writer So instead of learning something that might become obsolete tomorrow, like some particular type of software [that no one even uses two years later], choose things that will make you smarter in 10 or 20 years. That lesson is something I use all the time now. Interview With Alice Schroeder: Buffett's Cold Shoulder (The Motley Fool)fool.com · 10 Nov 2009All korrents from this piece
    Their wordsSo instead of learning something that might become obsolete tomorrow, like some particular type of software [that no one even uses two years later], choose things that will make you smarter in 10 or 20 years. That lesson is something I use all the time now.

    ↗Interview With Alice Schroeder: Buffett's Cold Shoulder (The Motley Fool)fool.com

    10 Nov 2009