What you see in this example—and please don’t ever forget it!—is that over the long term, the miracle of compounding returns has been overwhelmed by the tyranny of compounding costs. | John C. Bogle | The Little Book of Common Sense Investing

Where Authors Reveal Their Truths.

The Little Book of Common Sense Investing

Finance

What you see in this example—and please don’t ever forget it!—is that over the long term, the miracle of compounding returns has been overwhelmed by the tyranny of compounding costs.

-- John C. Bogle