On a June 10, 2021 talk with Ajay Antony from The Physics Chamber, Mohnish Pabrai breaks down the power of compounding in two stories. The first is a conversation with his daughter about turning $5,000 into $5m in a Roth IRA. The second is a story of the Dutch buying the island of Manhattan from the Native Americans for $20. Did the Native Americans get ripped off? The answer might surprise you!

You'll learn the Rule of 72 and how to do compounding math in your head very easily. Fluency in compounding will give you a big edge in life, as it shows up in many areas aside from investing.

Here is the full talk that I pulled these stories from:    • In Conversation With | Mohnish Pabrai...  

A big THANK YOU to Mohnish Pabrai and Ajay Antony!