🟢Warren Buffett became one of the richest people on earth by compounding at an annual growth rate of 19.9%.
What does this tell you? Why aren't day/swing traders all billionaires? Why do we see all of their wins? Why do we not see their losses?
One word. CONSISTENCY
Warren compounded at 19.9% since 1965.
Anyone can get great returns in bull markets (like right now) But most will simply not survive the bad times...
That is what makes investors great.
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🟢Warren Buffett became one of the richest people on earth by compounding at an annual growth rate of 19.9%.
What does this tell you?
Why aren't day/swing traders all billionaires?
Why do we see all of their wins?
Why do we not see their losses?
One word.
CONSISTENCY
Warren compounded at 19.9% since 1965.
Anyone can get great returns in bull markets (like right now)
But most will simply not survive the bad times...
That is what makes investors great.