
Berkshire Hathaway Part I
Acquired
The Power of Compounding
If you let compounding do its thing for 25 years without interrupting, a dollar can turn into 24.9 dollars. Paying taxes every five years reduces it to 16.8 dollars. Warren Buffett realizes the power of uninterrupted compounding and its benefits. Transitions are necessary for growth and understanding new concepts, as demonstrated in Buffett's journey.
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