PostsCommentsPayoutsherod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48haha those jews are crazy man! they are terroristsherod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48He went on to say, “If you asked me to trade away a very significant percentage of my net worth either for some extra years on my life or being able to do during those years what…herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48“The money makes very little difference after a moderate level,” he said.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48But at the same 1999 meeting, Buffett said that, beyond giving yourself a certain quality of life, having a huge net worth doesn’t mean much.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48Of course, none of that is in the same stratosphere of Buffett’s wealth — a sum he has called “incomprehensible.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48If that same investor started five years later, the value of their portfolio would drop to less than $15 million. A 10-year delay puts it under $10 million.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48By the time they turned 95, Buffett’s age, their portfolio would be worth north of $21 million, according to CNBC Make It calculations.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48Say a 22-year-old college graduate invested $10,000 in a portfolio earning 8% per year on average, and added in another $5,000 every year.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48Not if you only have $10,000 to invest. But play around with any compound interest calculator, and you’ll see that Buffett’s advice of maximizing the runway can have an enormous…herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48“In my view, for most people, the best thing to do is to own the S&P 500 index fund,” he said at the 2021 annual meeting of Berkshire Hathaway shareholders.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48Over the years, Buffett has acknowledged that the average retail investor doesn’t have the time or ability, as he did, to build a portfolio of individual stocks that delivers market-beating returns.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48he’d build his fortune the same way he did the first time around, by searching for excellent but undervalued companies to invest in.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48Why starting early is a key to building wealth Buffett went on to say that, were he fresh out of college with $10,000 to investherod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48And the “trick” to building a big snowball, Buffett said, is “to have a very long hill, which means either starting very young or living to be very old.” ”herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48Compounding interest is the phenomenon by which you earn a return on your principal, and then on your principal plus your earnings, and so on and so on, which investing pros often describe as “magic.”herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48“We started building this little snowball on top of a very long hill,” he added. “So we started at a very early age in rolling the snowball down, and of course … the nature of…herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48Back in 1999, at Berkshire’s annual meeting, Buffett fielded a question from a shareholder on how to make $30 billion, Buffett’s approximate net worth at the time.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48It’s a career that scarcely anyone could hope to emulate — though that hasn’t stopped people from asking the Oracle of Omaha for wealth-building advice.herod (55)in LeoFinance • 4 hours agoRE: LeoThread 2026-01-14 19-48He amassed a personal net worth of about $150 billion, according to the Bloomberg Billionaires Index.
