It is not necessary to do extraordinary things to get extraordinary results.

As an investor you don’t have to try to get rich overnight to eventually get rich.Warren is shooting for a 20% annual rate of return,not a 200% annual rate of return. Invest $100,000 for twenty years at 20% a year and you end up with $3.8 million ;hold it for thirty years and you end up with $23.7 million.You win with the running game – not the long bomb.With the world trying to get an annual return of 100%, a lot of mistakes are being made regarding long-term business economics that make getting a 20% annual return pretty easy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s