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Investment Mantras on ‘Power of Compounding’ by Raamdeo Agrawal :
- Start early because the power of compounding is not as much about the rate but more about the longevity of the rate
- Compounding works only in good companies, not in bad companies; Types of companies - good and bad, great, good, gruesome
- 85-90% of the companies are bad companies, they are not compounding enterprises
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