There are so many times in life where what you do is less important than how long you've been doing it for. It's true in careers. It's true in relationships. It's true in sports. And it's true with money. This episode is about compounding -- and how staying put, uninterrupted, is often the most overlooked skill. 

If you can explain something important in just a few words, it's a double win: You've probably found something that's obviously true, without needing further explanation or detail. And it's probably something you'll remember for a long time, easy to recall without having to memorize dozens of details. This podcast is a smattering of ideas that have been important and impactful to me, shared in as few words as I can manage. 

This episode has little to do with money. But in some ways it has everything to do with money. That's the riddle I want to unpack. I want to share a bunch of examples of what one field can teach us about another. What can we learn from biology that teaches us something about money?What can we learn from physics that teaches us something about business? If you find something that is true in more than one field, you’ve probably uncovered something particularly important. The more fields it shows up in, the more likely it is to be a fundamental and recurring driver of how the world works.

One of the most complicated topics in money: How it impacts your family. Your spouse. Your kids. How do you avoid spoiling kids? How do you and your spouse learn to agree about the best way to spend? There are no easy answers -- but I try my best here, including sharing the letters I wrote to my kids when they were born. 

The highest form of wealth is the ability to wake up every morning and say, “I can do whatever I want today.”People want to become wealthier to make them happier. Happiness is a complicated subject because everyone’s different.  But if there’s a common denominator in happiness -- a universal fuel of joy -- it’s that people want to control their lives. The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. It is the highest dividend money pays.