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THE PSYCHOLOGY OF MONEY - Commented Book
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The Key Drivers of Success
If James Simons had earned his 66% annual returns for the 70-year span Buffett has built his wealth, he would be worth 63 quintillion. The counterintuitive nature of compounding leads even the smartest of us to overlook its power. Good investing isn't necessarily about earning the highest returns, it's about earning pretty good returns that you can stick with and which can be repeated over time.
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