3rd Qtr 2021 : Portfolio & Dividend Update
“The big money is not in the buying or selling, but in the waiting.” - Charlie Munger “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett “Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn’t pay it.” – Albert Einstein “If you do the math, and think about it in any long-term way, the people who do well, are the people who compound over and over again. Compound every year. Don’t try and get rich quick. Try to get a decent return and keep doing it.” - Tom Steyer "The effects of compounding even moderate returns over many years are compelling , if not downright mind-boggling." - Seth Klarman "A mere 3% annualised edge will produce a 2.4-fold advantage over a 30 year period - the salient lesson that compounding teaches - the power of a long runway." - Allan Mecham “Remember the power of compounding. You don’t need to stret