It definitely is tough to expand things in exponential terms. After all the numbers are far too big for us to comprehend in a short term of time.
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It definitely is tough to expand things in exponential terms. After all the numbers are far too big for us to comprehend in a short term of time.
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Well the numbers tend not to get big in the short term. Exponential or compounding gets bigger the further out we go in time.
That is why people can envision a return over, say, a few years. But extend that out over 50 years and they vastly underestimate the results.
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