@F_Compounders Amazing what you could do with working 3 hours a day:
In 1955, Walter Schloss started his own fund and, over the next four and a half decades, delivered his investors annualised returns of 15.3% vs 10% for the S&P 500.
5% compounded a long time is a lot more than you think.
@F_Compounders Amazing what you could do with working 3 hours a day:
In 1955, Walter Schloss started his own fund and, over the next four and a half decades, delivered his investors annualised returns of 15.3% vs 10% for the S&P 500.
5% compounded a long time is a lot more than you think.
And how the rich had to learn to manage their public images even as news has evolved from newspaper/magazines to social media and youtube videos
This book is a worth a read if you're interested in how JDR became one of the richest men as industrial capitalism took root in US