A Powerful Equation to Remember

Amar Pandit , CFA , CFP

There are a few paragraphs that I had written but deleted them as this equation seemed simple and sufficient.


This Warren Buffett quote is an apt one here – “I don’t think we’ve (meaning him and Charlie Munger) ever made a decision where either one of us has either said or been thinking: We should buy or sell based on what the market is doing. Or for that matter, what the economy is doing.”