Warren Buffett:
Einstein is reputed to have said that "Compound interest is the eighth wonder of the world" or something like that, and it goes back to that story you probably learned when you were in grade school where somebody did something for the king, and the king said, What can I do for you? And he said Well, lets take a chessboard and put one kernel of wheat on the first square and then double it on the second and double it on the third. And the king readily agreed to it, and by the time he figured out what two to the 64th amounted to, he was giving away the entire kingdom. So it's a pretty simple concept, but over time, it accomplishes extraordinary things.
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05/03/2025 alle ore 08:32
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