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Alpha Exchange — Jerry Peters, Managing Partner, Smithbrook, LLC
Not scored yet56m·2024-04-17·Money

Jerry 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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