What Can a CAGR of 32.84% do?

“Warren Buffett’s deputy grew his retirement account from $70,000 to $264 million in 29 years, ProPublica reports” https://markets.businessinsider.com/news/stocks/warren-buffett-ted-weschler-roth-ira-retirement-account-taxes-propublica-2021-6   $70,000 into $264,000,000 in 29 years. “All” it took was a Compounded Annual Growth Rate (CAGR) of 32.84%… Yet many (most) out there are putting a...
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Quote to Ponder

“The most common cause of low prices is pessimism. Sometime pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.” – Buffett
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