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3min chapter
Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017
Chai with Pabrai
Compounding Is the Eight Wonder of the World
Even before he was 11 years old, warren had figured out that compounding was the eighth wonder of the world. He needed seed capital to start growing and growing over a long period of time. The dutch bought the island of manhattan from the native indians for 24 dollars in 16 26 - almost 400 years ago.
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