How Buffett Turned 100k Into 100 Million

April 26, 2018 | Author: mirmazharh | Category: N/A
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How Buffett Turned 100k Into 100 Million...

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How Buffett turned a Hundred Thousand into Hundred Millions.

-by Mir Mazhar Hussain

We all know that Warren Buffett is a legendary legen dary investor  and only BILLIONAIRE to make almost all of his wealth off the wall-street. In 1957 he had borrowed borrowed $100,000 from his friends and family and in 1969 he wound up that partnership and the $100,000 had by then become a staggering hundred million dollars! Let's see how he achieved this... Suppose you could "DOUBLE" your investment in the stock market YEARLY YEARLY... then it is possible to turn 100,000 into 100 millions in 10 years. See the following table.

Y0

100k ---> 1 lac

Y1

200k 

Y2

400k 

Y3

800k 

Y4

1600k 

Y5

3200k 

Y6

6400k 

Y7

12800k 

Y8

25600k 

Y9

51200k 

Y10

102400k ---> 10.24 crores or 100 million dollars.

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