Last Fall, the Wall Street Journal published an article expanding on one of Warren Buffett's...
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Finance
Last Fall, the Wall Street Journal published an article expanding on one of Warren Buffett's key inishgts: the power of time and compounding. For extra credit, you may write your reaction to the article. At a minimum, your write-up should be at least 1 page and address the following questions:
- How can saving a little bit more today create large amounts of wealth in the future?
- The article uses a metophor comparing compound interest to a snowball. Do you think this a helpful comparision?
- Do you think most people could use the insights from this article to improve their financial outlook? Why or Why Not?
- How has this articled changed your thinking about saving and investing for the future?
LINK FOR ARTICLE
Warren Buffett and the $300000 Haircut - WSJ.pdf
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