The Power of Time in Investing
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The greatest investor of all time isn't the one with the highest returns. Meet Jim Simons,
a manager who compounded money at a staggering 66% annually. Warren Buffett only averaged around
22%. Yet, Buffett is worth over three times more.
How is that possible? Simons didn’t find his investing stride until he was 50. Buffett started
investing when he was 10 years old. His fortune isn't just from being a good investor,
but from being one since he was a child. His secret isn't just skill; it's time.
Financial success isn't about chasing the highest returns. It's about getting pretty good returns
that you can stick with for the longest possible time.
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