A Quote by Albert Einstein
The magic of compounding interest is truly the eighth wonder of the world!
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Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.
Albert Einstein is reported to have said compounding is the eighth wonder of the world. Obviously, a dollar invested in your 20s is worth so much more than a dollar invested in your 60s.
Compound interest is the eighth natural wonder of the world and the most powerful thing I have ever encountered.
Most people are playing the game of compounding interest, which is self interest - how do they take care of themselves and produce more for themselves, storing value for their own benefit. I play a different game. A game I call 'compounding impact.' How do you make a positive impact in the world?
Compounding is the 8th wonder of the world.
In 1936, money had no important role. Interest rates were one-eighth of one-eighth of one per cent. I did some research, and I found that the interest on one million dollars of ninety-day Treasuries was $37. People didn't even bother to collect it. The Fed wasn't important.
Wonder is very necessary in life. When we're little kids, we're filled with wonder for the world - it's fascinating and miraculous. A lot of people lose that. They become cynical and jaded, especially in modern day society. Magic renews that wonder.
The miracle of compounding returns has been overwhelmed by the tyranny of compounding costs.
Sometimes it's better to come through from, say, last to eighth than staying eighth, and you've qualified eighth!
To truly know the world, look deeply within your own being; to truly know yourself, take real interest in the world.
So, I'm the Eighth Wonder of the World. It's flattering and very, very funny.
Enjoy the magic of compounding returns. Even modest investments made in one's early 20s are likely to grow to staggering amounts over the course of an investment lifetime.
There is a world of difference between a Mahler eighth note and a normal eighth note.
We need not wait for the world to become more mystical; the world is mystical. Our problem is not that the world lacks magic; our problem is that we don't believe in its magic. We do not show up fully for life, and then wonder why life is not showing up more fully for us.
I believe the world is incomprehensibly beautiful - an endless prospect of magic and wonder.
One eighth of the whole population were colored slaves, not distributed generally over the Union, but localized in the Southern part of it. These slaves constituted a peculiar and powerful interest. All knew that this interest was, somehow, the cause of the war.
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