So much has been said about the benefits of long-term investing that it is hard to come up with something new. But in a recent conversation with a friend, I think we may have stumbled on a benefit of long-term investing that is largely unknown amongst investors. And it is due to the weird nature of compound returns.
Hi Joachim.
Why using theoretical data? Such analysis is much more interesting and insightful with real world data, don't you think?