In this episode Mark explores the fundamental concept of compounding, using lessons taught in his financial literacy class, personal anecdotes, and insights from the annual Berkshire Hathaway meeting. He shares stories of Warren Buffett and Charlie Munger's investment lessons, along with a touching personal story about his grandmother's investment in Coca-Cola stock, illustrating the long-term impact of compounding.  Mark also explains the mathematical magic behind compounding. If you would like your question answered on the show, please send an email to me at [email protected] and put “podcast question” in the subject line. Show Links: Berkshire Hathaway Annual Meeting Videos Warren Buffett’s Letters to Berkshire Shareholders My Question to Warren Buffett and Charlie Munger answered (1:26:40 mark) Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger Timestamps: 00:26 The Magic of Compounding: From Basics to Berkshire Hathaway 04:04 A Billion-Dollar Gift and the Power of Early Investments 05:11 Compounding in Action: Lessons from a Financial Literacy Class 10:48 The Astonishing Impact of Starting Early: A Compounding Case Study 18:58 Personal Stories of Compounding: From Family Legacy to Berkshire Hathaway 26:30 Learning from the Greats: Warren Buffett, Charlie Munger, and the Art of Compounding 34:12 Looking Ahead: Future Topics _______________ As an Amazon Associate this show earns income from qualifying purchases. Affiliate links do not increase your costs, and we will only link to products or services that we are familiar with and that we feel may deliver value to you. The modest income received from affiliate links helps support the cost of running and managing this show.