3 ms·
How is the lesson lost? Don't you own the same amount after the split? Isn't the total value of compounding the same after x year? I feel like I am either mi
by chrisan 5y ago
How is the lesson lost?
Don't you own the same amount after the split?
Isn't the total value of compounding the same after x year?
I feel like I am either missing something big or Buffett just has one of those "I'm gonna do it my way b/c" things here.
And since I am a fool with finance I must be missing something big :)
- adamhp 5y ago"Unsophisticated" investors see the big number and the price history (which is much simpler without splits) and see the power of compounding plainly. There's not much more to it than that.