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Strategies & Market Trends : A@P, Can we trust him,

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To: broken_cookie who wrote (306)6/26/1999 7:34:00 PM
From: Daniel Chisholm  Read Replies (1) of 381
 
... 1.8 x 10^42 dollars which I believe exceeds the number of subatomic particles in the Universe.

My memory's a bit flaky, but I thought that the number of atoms in the universe was 10^75 or 10^79 (or was it our solar system? Like I said, I did say flaky...)

Mr. Buffett always seemed impressed by steady compounding... perhaps this is why? Of course he's only been able to eke out something like 24% per year for 40 years -- 1.24^40 = ~5450X

- Daniel
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