Re:BYD is automaker with the most R&D staff in the world
by danielheath on Tuesday December 31, 2024 @02:59AM
(#42557251)
It's not readily obvious _how much_ more capital you end up with if you make slightly more profitable investment decisions.
Saving $10k per annum and earning 10% on it will make you 1.6 million dollars after 30 years.
If you can get 20% instead, you'll have 11.2 million.
If you somehow managed to get 30%, you'd end up with over 87 million.
They got bought out by investors with shorter-term ambitions, because our economy is set up to reward short-termism, so those people end up with more capital (= market power), and this compounds over time.