Warren Buffett calculates opportunity cost over decades, thinking about what $100,000 will become at 20% annual returns over 20 years rather than the immediate purchase price

Warren Buffett, the most successful investor in history, doesn't think about spending $100,000 as $100,000—he thinks about the millions of dollars it will cost him long-term by not investing it at 20% annually for 20 years

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Warren Buffett, the most successful investor in history, doesn't think about spending $100,000 as $100,000—he thinks about the millions of dollars it will cost him long-term by not investing it at 20% annually for 20 years