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bar1080

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bar1080

Re: trkyhntr post# 2673

Monday, 04/19/2021 5:22:10 PM

Monday, April 19, 2021 5:22:10 PM

Post# of 3288
The rule of 72 was obsolete when cheap tiny electronic calculators arrived ~ 50 year ago. For stocks, the rule is worthless anyway for several reasons. The web is loaded with free online calculators that are easier/more accurate than the so-call "rule of 72"

Who cares how long an investment takes to double? The goal should be to prudently maximize return... no matter the timeframe. Buffett doesn't have a computer on his desk in Omaha. He doesn't have a calculator either!

Note Buffett has "almost" never owned T. I'm quite certain he's heard of AT&T.

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