Interview With Charles D. Ellis: Masters in Business (Audio)
Masters in Business
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What Was It Like From 1962 to 1982?
You're not giving yourself enough time for compounding to work. Most of those gains come in the last 10 years. That's the biggest. So if you're starting at 25, the bulk of your gains are coming in the last,. let's call it last fifth of your investment horizon, you start at 45 and you go to 62.
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Transcript
