Saw this interesting message on Twitter. Forgot to note the person who posted it and now I cannot find him. Will update once I find.
Attached list has names arranged in descending order of best CAGR returns in recorded investing history.
Warren Buffet sits somewhere in middle. So why is he the most successful investor ever?
Because in the equation A = P(1+r)^t, investors focus only on r, while t matters more.
Einstein was a visionary when he said:
Compounding is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it