Ask HN: What's the most valuable thing you can learn in an hour? • Hacker News Board

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#401

Post by morgan65 » Wed, Nov 20, 2019, 12:16 PM UTC

koliber wrote: post #338

Understanding compound interest thoroughly. Compound interest is probably the most powerful "force" governing out lives. It is crucial when borrowing money, especially for longer terms. It is crucial when saving and investing. It is crucial in self-development, where a tiny 5% improvement in some area of your life per year can mean that you are twice as good at something in 15 years. It is important when evaluating a…

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Re: Ask HN: What's the most valuable thing you can learn in an hour?

#402

Post by ryanschneider » Wed, Nov 20, 2019, 12:17 PM UTC

koliber wrote: post #338

Understanding compound interest thoroughly. Compound interest is probably the most powerful "force" governing out lives. It is crucial when borrowing money, especially for longer terms. It is crucial when saving and investing. It is crucial in self-development, where a tiny 5% improvement in some area of your life per year can mean that you are twice as good at something in 15 years. It is important when evaluating a…

I think a seriously overlooked application of this principle is in nutrition and dieting. Over- or under- eating by a small percentage of your required intake might not have a discernible effect immediately but really adds up over time, both for weight loss and gain.

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#403

Post by jonmal » Wed, Nov 20, 2019, 12:19 PM UTC

Learn how to give and receive feedback, both privately and at work

Too many times do we give feedback to people we both care of (and don't) in a way that hurts the individual rather than help them.

If the aim is to create better relationships with those you care for, then study feedback techniques, so you can deliver it in a constructive, radical candor way.

Useful in personal situations as well as at work.

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#404

Post by jmmcd » Wed, Nov 20, 2019, 12:20 PM UTC

ryanschneider wrote: post #402

koliber wrote: post #338

Understanding compound interest thoroughly. Compound interest is probably the most powerful "force" governing out lives. It is crucial when borrowing money, especially for longer terms. It is crucial when saving and investing. It is crucial in self-development, where a tiny 5% improvement in some area of your life per year can mean that you are twice as good at something in 15 years. It is important when evaluating a…

I think a seriously overlooked application of this principle is in nutrition and dieting. Over- or under- eating by a small percentage of your required intake might not have a discernible effect immediately but really adds up over time, both for weight loss and gain.

But that's not compounding in the sense of compound interest.

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#405

Post by pzumk » Wed, Nov 20, 2019, 12:21 PM UTC

psychoslave wrote: post #299

Meditation. Seriously. Take time to focus on your focus. For me, it's a really hard exercise, and before I really started to practice it daily, I always had this a priori that spending time on "doing nothing" was just a waste of time. I couldn't have been more wrong, of course. I still feel like I have much progress to do, but now I understand how practicing the art of focusing on focus (aka "concentrate on here and…

Meditation isn’t something to learn within an hour, unfortunately. It took me really much time to actually learn how to meditate but now as I know how to do it it’s awesome.

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#406

Post by collyw » Wed, Nov 20, 2019, 12:22 PM UTC

ryanschneider wrote: post #402

koliber wrote: post #338

Understanding compound interest thoroughly. Compound interest is probably the most powerful "force" governing out lives. It is crucial when borrowing money, especially for longer terms. It is crucial when saving and investing. It is crucial in self-development, where a tiny 5% improvement in some area of your life per year can mean that you are twice as good at something in 15 years. It is important when evaluating a…

I think a seriously overlooked application of this principle is in nutrition and dieting. Over- or under- eating by a small percentage of your required intake might not have a discernible effect immediately but really adds up over time, both for weight loss and gain.

I am pretty sure that only applies to certain people. I stay fairly skinny no matter what, though I do move about a lot.

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#407

Post by peruvian » Wed, Nov 20, 2019, 12:22 PM UTC

bArray wrote: post #104

Do nothing. Seriously. Allow yourself to become bored and you'll find your brain has suddenly got time to work on all the problems you mentally shelved. There's a good reason why a good number of ideas happen in the shower.

Or you really can't do nothing, do a brain dump. Get a piece of paper and a pen, and write down everything that's on your mind: projects you want to do, things to take care of, people you want to hang out with, errands to run, etc.

Then decide how many of these actually need to be done and when, and organize your next week/month based on this.

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#408

Post by glastra » Wed, Nov 20, 2019, 12:23 PM UTC

ryanschneider wrote: post #402

koliber wrote: post #338

Understanding compound interest thoroughly. Compound interest is probably the most powerful "force" governing out lives. It is crucial when borrowing money, especially for longer terms. It is crucial when saving and investing. It is crucial in self-development, where a tiny 5% improvement in some area of your life per year can mean that you are twice as good at something in 15 years. It is important when evaluating a…

I think a seriously overlooked application of this principle is in nutrition and dieting. Over- or under- eating by a small percentage of your required intake might not have a discernible effect immediately but really adds up over time, both for weight loss and gain.

Adaptive thermogenesis says otherwise.

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#409

Post by cko » Wed, Nov 20, 2019, 12:23 PM UTC

majortennis wrote: post #357

koolba wrote: post #353

Earlier quoted context omitted.

This is a good example why one should understand compound interest. Through in a payment schedule and amortization as well. The bank is giving you $X to buy the house. You’re paying off a piece of it each month (your mortgage payment). Part of that goes to the interest on the loan, the rest goes to principal. The interest each month is based upon on the remaining principal. That means your payment starts off being mo…

Just seems like a massive scam thats become the norm. You're paying off interest on the first month, as if you've already had the money for 20 years. They take liberties from day one.

You do already have the money for 20 years - that’s what the lender “pays” for you on day one.

Re: Ask HN: What's the most valuable thing you can learn in an hour?

#410

Post by learnstats2 » Wed, Nov 20, 2019, 12:24 PM UTC

On the contrary, it has taken me years to unlearn compound interest.

When you start with relatively little, compound interest is relatively very unhelpful - it compounds wealth and benefits people who have started with something more than you.

Twice as good at nothing is still nothing.