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I perfectly understand what orders of magnitude means. The growth you’ve described does happen, eg if you start at $65000 as junior eng and end up in dozens of
by fellowmartian 2y ago
I perfectly understand what orders of magnitude means. The growth you’ve described does happen, eg if you start at $65000 as junior eng and end up in dozens of millions a year as a SVP or CTO at FAANG-level company. My point is that even that is not exponential yearly, unless you mean “exponential” in the narrow sense of “compound returns”, by that is available to everyone with a brokerage account.
- itake 2y ago“Compound returns” are exponential returns. Is there another definition of exponential that im not away of?
- buzzerbetrayed 2y agoI think you’re the one that has an abnormal definition exponential growth