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Investing is about compounding almost by definition. You take X dollars, get a return of Y%, and now you have ((1+Y%) * X) dollars. It's true that Buffet did u
by breischl 9y ago
Investing is about compounding almost by definition. You take X dollars, get a return of Y%, and now you have ((1+Y%) * X) dollars.
It's true that Buffet did use insurance float. That basically became his principal, which he then compounded through investing.
- SonOfLilit 9y agoInvesting is about compounding. Running an investment fund is about compounding and fees, and the limiting number is how much money your strategy can put to good use.