Video Link: https://youtu.be/1x1XVk2tJZY
1. Compound Rate > Discount Rate = Infinity -It shouldn't work for an extended period of time.-
2. Equity Valuation > GDP = Doesn't Make Sense.
[Growth Stocks and the Petersburg Paradox by David Durand]
[What is GDP?]
[Full Videos of Berkshire Hathaway Annual Meeting 1997]
[ABOUT - Collection: Warren Buffett]
Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :)
Check out all Collection: Warren Buffett, click ↑↑↑
[My 2 Cents]
Compound Rate > Inflation Rate = Get Richer as the time goes by.
-If your 'investment fund' is able to compound higher than inflation rate, technically you will be able to get wealthy as the time goes by.-