27-12-2019, 11:41 AM
yup >80% of Buffett's compounded wealth came after he was 60. Interestingly I observe that's not the same trajectory for say Munger or the other Superinvestors. So I think Buffett's execution and patience borders legendary .
That's what made it interesting as we can see the divergence in real time which is why I said "see it in say SG vs neighbouring counties or the divergence of the 4 Asian Tigers in the past"
That's what made it interesting as we can see the divergence in real time which is why I said "see it in say SG vs neighbouring counties or the divergence of the 4 Asian Tigers in the past"
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)