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Part 4 Has to work with both small & large amounts of capital

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Part 4 Has to work with both small & large amounts of capital

23 Nov Stock Analysis

The law of large numbers is brutal in investing aka pity rich Mr Buffet and Mr Munger.
Think about what it takes to go 10x from:

  • 10k to 100k
  • 100k to 1m
  • 1m to 10m
  • 10m to 100m
  • 100m to 1b
  • 1b to 10b
  • 10b to 100b

All numbers assumed in US$ but actually the principle…

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