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Morgan Housel reviewed some technical progress, and pointed out that innovation also has a compounding effect
- Compound growth, driven by small ideas and inspirations, is difficult to estimate, making all progress easy to underestimate.
- Progress, especially technological progress, is driven by incremental growth over long periods of time rather than the genius of individuals.
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Morgan Housel 带着我们回溯了历史，指出创新其实也有复利效应：
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