The Wonder of Compounding | Episode 011

Mark's Money Mind
The Wonder of Compounding | Episode 011
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In this episode Mark explores the fundamental concept of compounding, using lessons taught in his financial literacy class, personal anecdotes, and insights from the annual Berkshire Hathaway meeting.

He shares stories of Warren Buffett and Charlie Munger’s investment lessons, along with a touching personal story about his grandmother’s investment in Coca-Cola stock, illustrating the long-term impact of compounding. 

Mark also explains the mathematical magic behind compounding.

If you would like your question answered on the show, please send an email to me at Mark@MarksMoneyMind.com and put “podcast question” in the subject line.

Show Links:

Berkshire Hathaway Annual Meeting Videos

Warren Buffett’s Letters to Berkshire Shareholders

My Question to Warren Buffett and Charlie Munger answered (1:26:40 mark)

Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger

Timestamps:

  • 00:26 The Magic of Compounding: From Basics to Berkshire Hathaway
  • 04:04 A Billion-Dollar Gift and the Power of Early Investments
  • 05:11 Compounding in Action: Lessons from a Financial Literacy Class
  • 10:48 The Astonishing Impact of Starting Early: A Compounding Case Study
  • 18:58 Personal Stories of Compounding: From Family Legacy to Berkshire Hathaway
  • 26:30 Learning from the Greats: Warren Buffett, Charlie Munger, and the Art of Compounding
  • 34:12 Looking Ahead: Future Topics

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