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:
http://bloom.bg/PEtL3w
Also check out: Credit: www.bloomberg.com, Bloomberg
Here is the video:
http://bloom.bg/PEtL3w