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5min chapter
TIP484: How Warren Buffett Became the Greatest Investor to Ever Live (Part 2)
We Study Billionaires - The Investor’s Podcast Network
Buffett's Snowball of Wealth
Buffett's snowball of wealth started at a very young age as he sold his first pack of chewing gum at the age of 6. He was extremely frugal as he knew that $10 today would eventually be worth $100 or even much more than that if he had invested it successfully over many years. Buffett let compounding do most of the heavy lifting for him as today he is 92 years old and has accumulated over $96 billion in wealth.
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