Akshat Shrivastava on LinkedIn: At age 30, Warren Buffett's wealth was 1Mn. At 92, his wealth is 109Bn+;… | 146 comments (2024)

Akshat Shrivastava

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At age 30, Warren Buffett's wealth was 1Mn. At 92, his wealth is 109Bn+; this is a staggering 110000X growth in wealth. Now, interestingly most of this wealth came after age 65. There is a critical lesson here: Capital generates massive leverage. For example: if you invest 10 Lakhs, and make 10% returns, you will have 11 Lakhs by next year. (incremental wealth gain: +1 Lakh) But, if the capital is 1Cr and you make 7% returns, then you get 1.07Cr (wealth gain +7 Lakhs) This is one of the prime reasons why Mr Buffett's wealth compounded after the age 65. Most of our wealth will come from our investment decisions, not through our jobs. [1] Where we spend our time. [2] Where we invest our money. [3] Which skills we chose to develop. Money making. And, money investing. Both are critical skills, we need to pick.

  • Akshat Shrivastava on LinkedIn: At age 30, Warren Buffett's wealth was 1Mn. At 92, his wealth is 109Bn+;… | 146 comments (2)

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Dipesh Bhakat

Engineer@ Microsoft || Salesforce || ServiceNow || Jadavpur University || Harvard Business School Online) || Opinions are completely personal.

8mo

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He is accumulating wealth and just sitting on that, because of him many people are not getting access to that wealth and dying out of poverty.Whats the point on sitting on wealth? He will die eventually.

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Rahul Parmar

Founder of CaseKaro | Open for Acquisition | Accelerating Profitable Business

8mo

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Itni age me itne paise ka kya karege? Abhi chahiye itna paisa XD.

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CA Bhagyashree Thakkar

Finance content creator | CA 40 under 40 | 1Million+ community | Ex-NTPC, Deloitte

8mo

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In the initial years of your career, treat yourself as an asset and invest in your growth. When you will grow, you will be able to make money and thus, you will be able to invest more.

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Milan Sonkar

Technologist, Architect,Distributed Systems, Scalability, Serverless, Cloud Computing,AWS CSAP, AWS CSAA, SCWCD, SCJP

8mo

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Most of our wealth will come from our investment decisions, not through our jobs. This is the most important line which salaried people ignore hence end up working throughout their lives without getting wealthy as inflation is always ahead of the salary game.

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Sunil Shetty

Sales gig🚀 IG - 55k followers with 15M reach & paid collaboration with 3 Brands 🚀 100k Content views on LinkedIn 🚀 Working on Drop shipping Online Store🚀 Print On Demand 🚀 Hospitality 🚀|

8mo

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That is a very wise saying. It is true that paychecks can help you build wealth, but they are not the only factor. Patience and smart investment are also essential.Patience is important because it allows you to ride out the ups and downs of the market. If you panic and sell your investments when the market takes a dip, you could miss out on big gains later on.Smart investment is important because it means putting your money into assets that have the potential to grow over time. This could include stocks, bonds, real estate, or other investments.If you are patient and make smart investments, you can build wealth over time. However, it is important to remember that there is no guarantee of success. The market is volatile, and there is always the risk of losing money. Akshat Shrivastava

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Ashutosh Kashyap

8mo

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Don't take examples of outliers. Many other factors are associated with them as well.

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Atul Save

Counselor, Trainer & Consultant, Credit Risk, Banking

8mo

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Well, amount-wise his wealth increased significantly after age 65, but that was largely due to the huge base available then. The rate of wealth growth was much higher from his age 26 years to 43 years (from 0.026 million to 34 million). At age 44, he seems to have suffered huge losses which eroded his wealth to almost half. How he bounced back could be an interesting case study.

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Arun Raj

Head Operation - West Region | Property Management & IFM @ EFS Facility Group | MBA| SSBB | SSGB | CLP |

8mo

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Interesting perspective! While it's true that capital generates leverage and investing wisely can lead to significant wealth growth, it's important to keep in mind that Warren Buffett's success story is not the norm. It requires exceptional skill, knowledge, and luck to achieve such astronomical growth. Additionally, the value of hard work and building a successful career should not be underestimated. It's a combination of both investment decisions and job opportunities that can lead to financial success. #PerspectiveMatters #WorkHard #

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Riyanshi Agrawal

I help professionals become Confident, Self Assured and Anxiety free through deep Inner Transformation | Childhood & Intergenerational Trauma | Mentoring New and aspiring coaches to create profitable 1 person businesses

8mo

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The first few years of your career should completely go into investing in yourself You are the most valuable thing you can invest into and that has uncapped potential

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    From my point of view it's just followed 2 things :[1] Power of Compounding (Have Patience)[2] Value Investing (Keep things simple)Anyway it's paper money ;)

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  • Josue E. Melecio

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    Most of our wealth will come from our investment decisions, not through our jobs. [1] Where we spend our time. [2] Where we invest our money. [3] Which skills we chose to develop. Money making. And, money investing. Both are critical skills, we need to pick.

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    Strive to become not just money-makers, but also savvy money-investors. Understand the power of patient capital, and pave the way for a more secure and prosperous future. 💪🌱 #FinancialWisdom #InvestmentGoals #LeverageWealthThank you for sharing this Akshat Shrivastava.

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    Your intial hard work and thoughtful decisions give excellent results

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    the power of compounding

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    At age 30, Warren Buffett's wealth was 1Mn. At 92, his wealth is 109Bn+; this is a staggering 110000X growth in wealth.Now, interestingly most of this wealth came after age 65.There is a critical lesson here: Capital generates massive leverage.For example: if you invest 10 Lakhs, and make 10% returns, you will have 11 Lakhs by next year. (incremental wealth gain: +1 Lakh)But, if the capital is 1Cr and you make 7% returns, then you get 1.07Cr (wealth gain +7 Lakhs)This is one of the prime reasons why Mr Buffett's wealth compounded after the age 65.Most of our wealth will come from our investment decisions, not through our jobs.[1] Where we spend our time.[2] Where we invest our money.[3] Which skills we chose to develop.Money making.And, money investing.Both are critical skills, we need to pick

    • Akshat Shrivastava on LinkedIn: At age 30, Warren Buffett's wealth was 1Mn. At 92, his wealth is 109Bn+;… | 146 comments (28)

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    Warren Buffett, one of the richest most and successful investors in the world, is a prime example of the power of compounding.His investment strategy involves long -term investing and holding onto quality companies for extended periods, allowing the power of compounding to work its magic.Let's consider a hypothetical scenario where Warren Buffett invests $10,000 in a company with an average annual return of 10%.Instead of withdrawing the returns, he reinvests them back into the same company.After the first year, Warren's investment grows by 10%, resulting in a total value of $11,000.In the second year, value of his investment becomes $12,100.After ten years, his initial $10,000 investment would have grown to approximately $25,937.After twenty years, it would have reached around $67,275.And after thirty years, his investment would have ballooned to approximately $174,494.This compounding effect becomes even more substantial over longer periods.Warren Buffett's success demonstrates the power of consistent, long-term investing and the exponential growth that can be achieved through compounding.It emphasizes the importance of starting early, staying invested, and allowing your investments to compound over time.Unlock your financial potential by implementing one often powerful tips from "Rich Dad Poor Dad" and takecontrol of your financial future!🌟#RichDadPoorDad#FinancialLiteracy#WealthCreation#InvestmentTips#MoneyMatters#FinancialIndependence#loans#loansinLagos#quickloans

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  • TSA Wealth Management

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    In the realm of investing, Warren Buffett's sagacious insight highlights the profound role of patience. The stock market, often perceived as a dynamic and unpredictable force, unfolds its true nature over time. Patience, then, becomes more than a virtue—it transforms into a strategic advantage. By adopting a patient approach, investors can navigate the inevitable market fluctuations with composure, enabling them to capitalize on long-term opportunities rather than succumb to short-term noise.Buffett's quote underscores the idea that wealth accrual in the stock market is a gradual process. The transfer of wealth occurs not through impulsive reactions but through the steady accumulation of value over time. Patience acts as a safeguard against reactionary behaviors, fostering discipline and focus on the enduring journey of investing. Beyond market fluctuations, the art of patience encompasses diligence, resilience, and the wisdom to make informed decisions based on thorough analysis rather than fleeting emotions. In embracing the enduring power of patience, investors unlock the path to sustainable financial success.#PatienceInInvesting #WarrenBuffettWisdom #LongTermWealthCreation....Investment advisory services are offered through TSA Wealth Management, a Securities and Exchange Commission Registered Investment Advisor. Disclosure: https://lnkd.in/ewRTdAbg

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    👓 Sunday Investing Insights 📖In the recent Berkshire AGM, one investor asked the two wise gentlemen about the future of value investing.Interestingly, both of them disagree with each other.Charlie Munger, Berkshire Hathaway vice-chairman and Buffett's long-time right-hand man, has a more pessimistic view on value investing."I think value investors are going to have a harder time now that there are so many of them competing for a diminished bunch of opportunities," Munger said."My advice to value investors is to get used to making less money."On the other hand, Buffett sees more opportunities than his long-time partner."What gives you opportunities is other people doing dumb things," he said. "And there has been a great increase in people doing dumb things."Buffett's thinking is aligned with his investing mentor Benjamin Graham, the father of value investing. Benjamin Graham once said, "Though business conditions may change, corporations and securities may change, and financial institutions and regulations may change, human nature remains the same. Thus, the important and difficult part of sound investment, which hinges upon the investor's own temperament and attitude, is not much affected by the passing years." - from The Intelligent Investor.Whose thinking do you agree with more? 😃#buffett #munger #investing #warrenbuffett #charliemunger #valueinvesting

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Akshat Shrivastava on LinkedIn: At age 30, Warren Buffett's wealth was 1Mn. At 92, his wealth is 109Bn+;… | 146 comments (40)

Akshat Shrivastava on LinkedIn: At age 30, Warren Buffett's wealth was 1Mn. At 92, his wealth is 109Bn+;… | 146 comments (41)

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