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BUZZING· 74%56m·2024-04-17·Money
BUZZING· 74%56m·2024-04-17·MoneyJerry Peters, Managing Partner, Smithbrook, LLC
Alpha Exchange · 158
The “rule of 72” tells us that a good approximation for the time it takes to double your money can be arrived at by taking 72 and dividing by the interest rate that capital can compound by on an annual basis. Implicit in the calculation is that the initial stack is left untouched and is not vulnerable to a drawdown.…
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