The Most Misunderstood Force in the Universe -
I once believed Einstein called compound interest the most misunderstood concept in the world. He didn’t. Google claims he actually said, “compound interest is the most powerful force in the universe”.1 Well, I’m going to build on Einstein’s supposed quote and state that: “Random compound interest is the most misunderstood force in the universe.” The…
April 7, 2019 October 4, 2020 by btm I once believed Einstein called compound interest the most misunderstood concept in the world. He didn’t. Google claims he actually said, “compound interest is the most powerful force in the universe”. 1 Well, I’m going to build on Einstein’s supposed quote and state that: “Random compound interest is the most misunderstood force in the universe.” The Geometric Average The geometric average defines random compound interest. The geometric average is a higher order average than the more commonly used arithmetic average. The arithmetic average uses addition to
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