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Why Compound Interest is the 8th Wonder of the World

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Warren Buffet, whether he actually said it or not, calls compound interest the 8th wonder of the world (reference) He is not a man who became one of the wealth iest in the world by building a company, but who became one of the wealthiest in the world by investing in companies run by others, others disciplined operations, and staying disciplined himself. His results speak for themselves.

 

Albert Einstein is quoted as saying that compound interest is the most power ful force in the Universe. And Benjamin Franklin literally set to his will a directive that compound interest could change cities.

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