Re:Ask HN: What's the most valuable thing you can learn in a...
by truculent on Wednesday November 20, 2019 @07:48AM
(#21583408)
So, essentially: compound interest is something wealthy people are good at because it's useful when you are wealthy. Not because learning about compund interest will make you rich?
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Re:Ask HN: What's the most valuable thing you can learn in a...
by Amygaz on Wednesday November 20, 2019 @08:49AM
(#21583830)
Yes, itβs vastly easier even Buffet says so. He only started really using compounding has his core strategy when he already had his first billion (he was 60). Then his fortune doubled a few times in the space of 20 years. People can search YouTube for the interview.