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Every investor has heard this quote at least once in their career: “Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn’t pays it,” is a quote often attributed to Albert Einstein.
In this episode of Stocks In Translation, Yahoo Finance markets and data editor Jared Blikre and producer Sydnee Fried welcome Raoul Pal, co-founder and CEO of Real Vision. Pal brings 20 years of global macro-investing experience to the table as the team dives into the power of compounding.
This episode’s word of the day is, of course, “compounding” — the process where “growth builds on previous growth, accelerating exponentially over time. Whether it’s money, knowledge, or resources, compounding creates increasingly larger results.”
