Dear tribe members,
Greetings. Today I will be telling you something unusual but IMPORTANT. Start exercising ,eat right, stay fit ! Live LONGER !
August 30, 1930: Birth day of Warren Buffet. Currently he is 86. Fit and fine.
(click on image to zoom it)
Warren Buffett is very wealthy person. 64.5 billion USD is his current net worth!!! Currently he stands third richest person in World after Bill Gates and Amancio Ortega. In rupees term if you convert USD into INR, it stands 4,34,36,217,50,000 Indian Rupees = Four lac thirty four thousand crores Indian rupees
Interesting part is here: Almost 95% of his current wealth has come after he crossed 50 🙂
Surprised !!! Check the chart again!
What an example of incessant compounding machine of this generation 🙂
But, he can enjoy such wealth and still he is one of the only consistent man in top 5 World’s richest persons league !!!!
If you follow systematic investment pattern, find right companies, invest over time and stay put, your wealth is also definitely going to grow ….You may or may not be as rich as WB but even if you earn more than a fraction of WB’s networth, you will be hell lot of richer !!!
But who can enjoy it…. Some will die at 40, some 50, some 60, some 70 , very few fortunate 80+ 🙂
So bottom line is compounding will definitely make you wealthy but for that you have to LIVE FIRST ! Start exercising, start following good eating habits,have nutritious food,stay happy, stay fit ,live long and enjoy power of compounding !!!