2min chapter

Chai with Pabrai cover image

Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017

Chai with Pabrai

CHAPTER

The Wayte Thogh Compounding an Ruleo 72 Works

So the wayte, the wayte thogh compounding an rulo 72 works is tet three variables. So one variable is the amount of capital you start with. The second variable is your rate of compounding, and your third variable is the length of the runway. And so if you do seven % a year, it takes ten years. If you do ten % a year,. it takes seven years. All what you can do is er. 16 o six and, i'm sorry, a at six dollars. And again, the same come. 15 96, three dollars. 15 86, a dollar, 50. 75 cents. You can keep going back, you'll get to

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