Interesting graph, but the way the ages are plotted make it harder to make sense of. Would've been better in increments of 5 years for context.
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I wonder how much of the explosion comes from the cutting of capital gains tax in 1993. Compounding investment doesn’t look like this for most people.
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Well most people are compounding at 5-6% not 20%+
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That too. You think it’s some scale effect from being really rich or just Buffet being a good picker?
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What the heck happened between 59-66? I want a fraction of that!
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Is this inflation adjusted?
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2/ (outside of a salary) it is easier to make your next $10,000. And once you've done that, you set a goal of $1,000,000. And once you've done that, you set a goal of $10,000,000 or $100,000,000 and so on ...
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1 / To me, compounding is the effect of putting money in an index fund and riding out the roller coaster. Warren Buffet's trajectory is even more exponential due to his good investments. To me, the lesson behind Buffet's success is that once you make your first $1,000
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Does this take into account $25B+ he's donated?
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Perfect example of practice what you preach
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This is awesome. Where can I find the source?
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