Play Long-term Games With Long-term People
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.
\u2022 Play long-term games with long-term people 0:00
\u2022 When you switch industries, you're starting over from scratch 2:21
\u2022 Long-term players make each other rich 4:02
\u2022 Returns come from compound interest in iterated games 4:49
Transcript: http://nav.al/long-term