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