A legendary quote made by a truly legendary investor. "The first $100K is a B****," reflects Charlie Munger's perspective on building wealth.
It indicates his invaluable wisdom regarding the initial hurdle that many face in their quest to accumulate wealth.
Consistent with the power of compounding, Munger believed that once you have a $100K base, the path to greater wealth becomes smoother.
Follow us on IG too for more..
.
#investing101
#intelligentinvesting
#dividendgrowthinvesting
#warrenbuffett
