#4 The Remarkable Life and Turbulent Times of Joseph P. Kennedy
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The Power of Compound Interest
Joseph Kennedy made a lot of money, but always spent way less than when he had access to it. He set up trust funds for his wife and children so that they could never withdraw the principal from those trusts. In 200 years, $10 million compounded at 2% would be worth $3.5 trillion today.
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