Warren Buffett's Compounding Secret
The compounding lesson behind one of investing's great records.
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Being consistent and steady and letting compounding do the rest is one of the most successful ways to build significant wealth. The problem is, in the beginning it feels slow. But if you stick with it consistently and steadily, that compounding will grow and grow and grow to the point where it's really accelerating. In fact, if you look at Warren Buffett, he's accumulated well over half of his wealth, the majority of his wealth, statistically after the age of 80. That seems improbable, but it's actually really easy to understand when you realize the power of compounding. So sticking with small things and letting those results accumulate and build one on top of another, that's the value of regular training, regularly working towards your goals and not seeking these shortcuts. Because too often, if it sounds too good to be true, it's probably too good to be true.
Transcript edited for readability from the video. Machine-transcribed; may contain minor errors.


