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Investing Insights: The Power of Compound Interest
This chapter explores the concept of compound interest through the Rule of 72 and its impact on investment growth, illustrated with a hypothetical $10,000 investment. It examines the challenges investors face in executing long-term strategies and the need for balance between action and insight. The discussion also highlights the research process for evaluating potential investments, using the case study of the Japanese company Terumo in the healthcare technology sector.