# Morgan Housel - Compounding Optimism (Highlights)
## Metadata
**Review**:: [readwise.io](https://readwise.io/bookreview/29405113)
**Source**:: #from/readwise #from/reader
**Zettel**:: #zettel/fleeting
**Status**:: #x
**Authors**:: [[Morgan Housel]]
**Full Title**:: Compounding Optimism
**Category**:: #articles #readwise/articles
**Category Icon**:: 📰
**URL**:: [collabfund.com](https://collabfund.com/blog/compounding-optimism/)
**Host**:: [[collabfund.com]]
**Highlighted**:: [[2023-06-25]]
**Created**:: [[2023-07-01]]
## Highlights
- An author might write something that’s dull or obvious, but it could inspire a reader to go do something incredible. ([View Highlight](https://read.readwise.io/read/01h3s6cewz21yvqy45mxpw6v77)) ^553332179
- Most new ideas and inventions are pretty bland on their own. But when you mix several of them together, you can get magic. ([View Highlight](https://read.readwise.io/read/01h3s6dhsqjr4rjq19x2y1zcac)) ^553332210
- It’s ideas combining, joining, and merging, that create the modern world. ([View Highlight](https://read.readwise.io/read/01h3s6dsccyyxh7pgefnkmyacg)) ^553332227
- It’s hard to imagine, say, our incomes doubling over the next few generations. That seems like such a massive leap, like we’d have to boil the ocean to get it done. But doubling the average income over 30 years works out to about 2.3% growth per year. It’s not crazy at all. It’s actually quite achievable. What made it seem so ambitious to begin with is that compound growth is easy to underestimate. ([View Highlight](https://read.readwise.io/read/01h3s6h5934gvvnp5gn9dsj36e)) ^553332360
- But when you view it as one person coming up with a small idea, another person copying that idea and tweaking it a little, another taking that insight and manipulating it a bit, another yet taking that product and combining it with something else – incremental, tiny bits, little ideas mixing, joining, blending, mutating, and compounding together – it’s suddenly much more conceivable. ([View Highlight](https://read.readwise.io/read/01h3s6jy0xz9zfy8gc7fgda4be)) ^553332431