Chuck Akre discusses power of compounding with a very simple example. This is just unreal, watch for yourself. Watch what a penny would be after 30 days if doubled everyday.
Credit: www.bloomberg.com, Bloomberg
Here is the video:
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About the author:
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne
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