Having recently enjoyed reading Morgan Housel’s The Psychology of Money, I was reminded of the crucial role compounding can play in multi-generational wealth creation. While the stories about arguably the greatest investor of our time, Warren Buffet, are legion, this one I didn’t know.
Unlike most of us, Buffet had become somewhat of a seasoned investor before reaching his teens. His investment track record is certainly impressive, but it’s the length of investment horizon that has been just as impactful on his