Warren Buffett made 95% of his wealth after the age of 65. Success has no age limit, and your best days are not behind you.
— MicroCapClub (@iancassel) July 28, 2015
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Warren Buffett made 95% of his wealth after the age of 65. Success has no age limit, and your best days are not behind you.
— MicroCapClub (@iancassel) July 28, 2015
One reply on “Your money making days are ahead”
This has nothing to do with age and more to do with compounding wonders. If 95% was made after he attained 65, and he is 85 today, it means he compounded 19 times in 20 years. That is a CAGR of 15.9% – which is great. So, this along with time of 20 years made the initial investment 5%.