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Do You Double Your Money Every Five Years?
If something doubles and then doubles again, that's for four x. And if it does that two more times, it's 16 x. You're essentially doubling your money in so many times. The entire portfolio went of for t x because of this small percentage of companies,. which gives you the parato principal right there. That is why our behavior challenges for compounding, a commint compounding difficult to fathom. If you get 11 % returns on your investments, what would the same thing look like?