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3min chapter
Mohnish Pabrai’s Q&A with members of The Babson College Fund (Babson College Students)– Feb 9, 2021
Chai with Pabrai
How to Double Your Money Every Five Years
At 15% your money will double every five years. Life is all about the number of doubles. At 22, you might get a job 70, 80,000 or whatever. And in your late 20s, you went in making 200,000. The numbers become mind boggling,. And does it take superhuman amounts of saving? No, you can even reduce the compounding rate.
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