3 ms·
You need to adjust for inflation, though.
by elsurudo 10y ago
You need to adjust for inflation, though.
- efaref 10y agoWe both experienced inflation, but sure, let's work it out: £50 when I was 14 was worth £90 in today's money. Buffett's $5k was $68k. Buffett's age-35 7M was worth 53M in today's money. So I'd need £70k in today's money to match his net worth growth. That's exactly the same. I'm actually surprised by this, as it suggests both Buffett and I experienced the same level of compound inflation over the 20 years of our lives from age 14, despite being at different times and on different continents. (This is all tongue-in-cheek, of course).
- pcrh 10y agoWow! Tell me your secrets! :-)