Quotes & Sayings About Compound Interest

Failure or success do not happen by accident, they are the compound interest of action or inaction. — Ifeanyi Enoch Onuoha

Compound interest is proof of gods existence. — Jeff Rich

And again, damn. Of troubles I considered myself amply possessed. But those who do seem to get. Some spiritual form of compound interest, I suppose. — Roger Zelazny

Good and evil are not static; they are dynamic. Each one continually feeds on itself just like compound interest in the bank. Good is always getting better, and evil is always getting worse. — C.S. Lewis

Books increase by rule of compound interest: one interest leads to another interest, and this compounds into third. — Tom Rachman

If in making a picture you introduce two ideas, you weaken it by half-if three, it weakens by compound ratio-if four, the picture will be really too weak to consider at all and the human interest would be entirely lost. — Howard Pyle

Persistence trumps talent.
What's the most powerful force in the universe? Compound interest. It builds on itself. Over time, a small amount of money becomes a large amount of money. Persistence is similar. A little bit improves performance, which encourages greater persistence which improves persistence even more. And on and on it goes.
Lack of persistence works the same way
only in the opposite direction.
Of course talent is important, but the world is lit erred with talented people who didn't persist, who didn't put in the hours, who gave up too early, who thought they could ride on talent alone. Meanwhile, people who might have less talent pass them by.
That's why intrinsic motivation is so important. Doing things not the get an external reward like money or a promotion, but because you simple like doing it. The more intrinsic motivation you have , the more likely you are to persist. The more you persist, the more likely you are to succeed. — Daniel H. Pink

Scientific wealth tends to accumulate according to the law of compound interest. Every addition to knowledge of the properties of matter supplies the physical scientist with new instrumental means for discovering and interpreting phenomena of nature, which in their turn afford foundations of fresh generalisations, bringing gains of permanent value into the great storehouse of natural philosophy. — Lord Kelvin

Thus far we have considered the problem of conservation of land purely as an economic issue. A false front of exclusively economic determinism is so habitual to Americans in discussing public questions that one must speak in the language of compound interest to get a hearing. — Aldo Leopold

Books," he said, "are like mushrooms. They grow when you are not looking. Books increase by rule of compound interest: one interest leads to another interest, and this compounds into third. Next, you have so much interest there is no space in closet. — Tom Rachman

That law of nature whereby everything climbs to higher platforms, and bodily vigor becomes mental and moral vigor. The bread he eats is first strength and animal spirits; it becomes, in higher laboratories, imagery and thought; and in still higher results, courage and endurance. This is the right compound interest; this is capital doubled, quadrupled, centupled; man raised to his highest power. The true thrift is always to spend on the higher plane; to invest and invest, with keener avarice, that he may spend in spiritual creation and not in augmenting animal existence. — Ralph Waldo Emerson

Compound interest is the eighth natural wonder of the world and the most powerful thing I have ever encountered. — Albert Einstein

Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it. — Albert Einstein

Remember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks its own accumulation: knowledge thus accelerates its own advance. Each generation, therefore, to deserve comparison with its predecessor, is bound to add much more largely to the common stock than that which it immediately succeeds. — Charles Babbage

The Fates seldom forget the bargains made with them, or fail to ask for compound interest. — Edith Wharton

Had stood there silently, watching, without interest or purpose, like a chemical compound on a photographic plate, absorbing visual shapes because they were there to be absorbed, but unable ever to form any estimate of the objects of her vision. — Ayn Rand

One dollar at compound interest, at twenty-four per cent., for one hundred years, would produce a sum equal to our national debt. Interest eats night and day, and the more it eats the hungrier it grows. The farmer in debt, lying awake at night, can, if he listens, hear it gnaw. If he owes nothing, he can hear his corn grow. Get out of debt as soon as you possibly can. You have supported idle avarice and lazy economy long enough. — Robert G. Ingersoll

Implacable November weather. As much mud in the streets, as if the waters had but newly retired from the face of the earth, and it would not be wonderful to meet a Megalosaurus, forty feet long or so, waddling like an elephantine lizard up Holborn Hill. Smoke lowering down from chimney-pots, making a soft black drizzle, with flakes of soot in it as big as full-grown snow-flakes - gone into mourning, one might imagine, for the death of the sun. Dogs, undistinguishable in mire. Horses, scarcely better; splashed to their very blinkers. Foot passengers, jostling one another's umbrellas, in a general infection of ill-temper, and losing their foot-hold at street-corners, where tens of thousands of other foot passengers have been slipping and sliding since the day broke (if the day ever broke), adding new deposits to the crust upon crust of mud, sticking at those points tenaciously to the pavement, and accumulating at compound interest. — Charles Dickens

Karma is an energy debt which you owe or an energy credit which is owed you. Both involve compound interest that is added to the equation making it either a burden or a blessing. — Paul Russo

My wealth has come from a combination of living in America, some lucky genes, and compound interest. — Warren Buffett

Good and evil increase at compound interest. That's why the little decisions we make every day are of infinite importance. — C.S. Lewis

The smallest, earliest gifts forever alter your trajectory for doing good. This is what I mean by the compound interest of altruism. Start early to maximize the compound interest in your efforts. — Biz Stone

I was fortunate to live for 3 years in another country, and although we lived in an American compound, still as a young adolescent I did venture into the world of the Japanese with great interest and enjoyment. But many Americans never left that safe and familiar life among their own people. — Lois Lowry

The drafts which true genius draws upon posterity, although they may not always be honored so soon as they are due, are sure to be paid with compound interest in the end. — Charles Caleb Colton

It should be everyone's right in a capitalist system to have some way to take advantage of compound interest. — Katy Lederer

Good and evil both increase at compound interest. That is why the little decisions you and I make every day are of such infinite importance. The smallest good act today is the capture of a strategic point from which, a few months later, you may be able to go on to victories you never dreamed of. An apparently trivial indulgence in lust or anger today is the loss of a ridge or railway line or bridgehead from which the enemy may launch an attack otherwise impossible. — C.S. Lewis

BE IT EVER SO HUMBLE ... UNLESS YOU'RE IMMORTAL AND UNDERSTAND COMPOUND INTEREST — Chloe Neill

In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest.
Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people. — Adam Smith

Read 500 pages every day. That's how knowledge works. It builds up like compound interest. — Warren Buffett

Payday loans: "If you were the sort of person who was ever going to understand compound interest, you wouldn't be in this mess. We can literally put off the shitstorm until next week. I mean, next week! It'll probably never happen! — David Mitchell

It's like compound interest with a turbocharger. — Gary Keller

Injuries accompanied with insults are never forgiven: all men, on these occasions, are good haters, and lay out their revenge at compound interest. — Charles Caleb Colton

The most powerful force in the world is compound interest. — Albert Einstein

Our loves are not given, but only lent, At compound interest of cent per cent. — Rudyard Kipling

In any case, do you really think kids even want something that is relevant to their daily lives? You think something practical like compound interest is going to get them excited? People enjoy fantasy, and that is just what mathematics can provide
a relief from daily life, an anodyne to the practical workaday world. — Paul Lockhart

Both a priori reasoning and experience teach us that as as these funds grow larger the geometrical rate of growth by compound interest ultimately defeats itself. — Benjamin Graham

Money Compounding is one concept that does not hit you unless your stars are aligned — Manoj Arora

The more we progress the more we tend to progress. We advance not in arithmetical but in geometrical progression. We draw compound interest on the whole capital of knowledge and virtue which has been accumulated since the dawning of time. — Arthur Conan Doyle

The only thing that compounds faster than interest is learning. — Orrin Woodward

If you project all source of hatred and jealousy, they will rebound on you with compound interest. — Indian

Compound interest on debt was the banker's greatest invention, to capture, and enslave, a productive society. — Albert Einstein

I think people don't understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low. — James Surowiecki

Most great fortunes are built slowly. They are based on the principle of compound interest, what Albert Einstein called, "The greatest power in the universe." — Brian Tracy

There is a third silent party to all our bargains. The nature and soul of things takes on itself the guaranty of the fulfillment of every contract, so that honest service cannot come to loss. If you serve an ungrateful master, serve him the more. Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer. — Ralph Waldo Emerson

In fact, when Warren Buffett was once asked about the key to success, he pointed to a stack of nearby books and said, "Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it. — Warren Buffett

Deposit thoughts of prosperity, wealth, and success in your subconscious mind, and the latter will give you compound interest. — Joseph Murphy

If you understand compound interest, you basically understand the universe. — Robert Breault

Debts are subject to the laws of mathematics rather than physics. Unlike wealth, which is subject to the laws of thermodynamics, debts do not rot with old age and are not consumed in the process of living. On the contrary, they grow at so much per cent per annum, by the well-known mathematical laws of simple and compound interest ... It is this underlying confusion between wealth and debt which has made such a tragedy of the scientific era. — Frederick Soddy

In my life there are not that many questions I can't properly deal with using my $40 adding machine and dog-eared compound interest table. — Charlie Munger

Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford to pay. — Michael Hudson

The strongest force in the universe is Compound Interest. — Albert Einstein

Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things. — Charlie Munger