So its not that hard math if you do some calculations then you realize that only by investing as an average person you will never ever be a billionaire.
I checked a few things witch Coca-Cola stocks because it was one of his biggest investments and returns he says.
A bit of information: So in Buffet was born in 1930 and the average YEARLY usa salary was around 1,3k usd but then this increased 20 years later in 1950 it was 3000$ and in the 70s it was around 10k$
So lets say He started investing in KO when he was born with a starting amount of 100$ and then added 1k$ monthly into KO every single year until 2021 and reinvesting the dividends as well then now as of today He would have 407,386,336$ Which is not even half of a billion. And obviously he did not start investing when he was baron and he did not start with 1k usd monthly because the avg salary was 100$-500$/month for DECADES.
So how did He really become a billionaire?
Submitted July 03, 2021 at 12:56PM by hefnertes https://ift.tt/3qI1SPO
