April 20, 2024

The eighth wonder of the world. The Secret of Great Investors. W. Buffet, Soros, Kiyosaki, Lynch, Graham, Rockefeller.

Hello friends!
I decided to make another “I think” useful post.
When I first started practicinginvesting in 2007 I had nomentors or literature. My only guide was the Internet, although at that time it was very expensive and to enter Forex (buy and sell) it cost me approximately 500 rubles.
When the first trade failed miserably (-60% of the account), I started digging why this happened. Then I first met W. Buffett on the Internet and I immediately realized that being an investor was for me!
I started studying the science of investing seriously and reading about many great investors and was surprised when I discovered the 8th wonder of the world!
I also took a KM from Maxim Temchenko in Khabarovsk and there I saw in detail what compound interest is. (TIME, %, ADDITION, REINVESTMENT)
The eighth wonder of the world. The Secret of Great Investors. W. Buffet, Soros, Kiyosaki, Lynch, Graham, Rockefeller.

Who in the subject will understand this table)))
And the best part: all great investors use compound interest!
It’s a pity that this understanding came to me only in 2016 because I learned about it much earlier (((
I even made a video on this topic

I hope this plate will be useful to many because I received it in 2011, but began to use it much later.
I also began to implement an income/expense program, which increased the results for building capital! You can download it for free on the play store - I recommend it!
You can re-read many books, but they have the same essence: Income - Expenses = Accumulated money multiplied by interest = CAPITAL!
This is the formula by which Great Investors work.
Thank you if you have read this far, it means a lot to me. See you…