Chapter
The Simple Truth About Warren Buffet's Investing Success
27:11 - 32:39 (05:28)
The secret to Warren Buffet's investing success is actually very simple: he invested for a very long time and earned the same average annual returns. It's not some complex algorithm or secret sauce.
Clips
Investing at an early age can significantly impact one's wealth accumulation, as proven by Warren Buffett's success, which 9% can be directly attributed to starting at 11 years old and continuing until his 90s.
27:11 - 29:51 (02:40)
Investing
Summary
Investing at an early age can significantly impact one's wealth accumulation, as proven by Warren Buffett's success, which 9% can be directly attributed to starting at 11 years old and continuing until his 90s.
ChapterThe Simple Truth About Warren Buffet's Investing Success
Episode#222 - Morgan Housel - How To Become Wealthy, Stay Wealthy & Be Happy
PodcastModern Wisdom
This podcast highlights the fact that investing like the famous Warren Buffett may not be as complex as many believe.
29:51 - 32:39 (02:48)
Investing
Summary
This podcast highlights the fact that investing like the famous Warren Buffett may not be as complex as many believe. The key to his long-term success largely lies in his low fees, which can make a significant difference over time.