From Morgan Housel, The Psychology of Money (2020): - Jim Simons compounded at 66% a year since 1988. Net worth at the time of writing: $21B. - Warren Buffett compounded at roughly 22%. Net worth: $84.5B. - Buffett started serious investing at 10; Simons found his stride at 50. - $81.5B of Buffett's $84.5B came after his mid-60s (about 96%). - Housel's thought experiment: had Buffett started at 30 with $25,000 and stopped at 60, same 22%, he'd have about $11.9M. Indian illustration (my calculati
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