Capital Allocators – Inside the Institutional Investment Industry cover image

Morgan Housel – Same as Ever (EP.359)

Capital Allocators – Inside the Institutional Investment Industry

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The Power of Compounding: Growth and Limitations

This chapter explores the concept of compounding through the story of Robert Wadlow and applies it to business growth, emphasizing that extraordinary size does not guarantee exceptional capability. It highlights the importance of sustained average returns in investing, the value of endurance, and the behavioral advantages of long-term investment strategies.

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