Diary of a Private Investor

warren buffett

The Eighth Wonder of the World

The great Albert Einstein, allegedly, once said “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Conceptually, I have been aware of compounding for many years but in investing terms, I don’t think the penny truly dropped until recently. You see, I […]

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Investment Returns

For anyone who is planning on living (in part or in whole) from their investment returns, it is important to set a realistic expectation of what those returns might be and to measure performance accordingly. For the past week, a survey has been running on The Motley Fool that asked this question: “If you had […]

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