Last Fall, the Wall Street Journal published an article expanding on one of Warren Buffett's key inishgts: the power of time and compounding. For extra credit, you may write your reaction to the article. At a minimum, your write-up should be at least 1 page and address the following questions:

1. How can saving a little bit more today create large amounts of wealth in the future?
2. The article uses a metophor comparing compound interest to a snowball. Do you think this a helpful comparision?
3. Do you think most people could use the insights from this article to improve their financial outlook? Why or Why Not?
4. How has this articled changed your thinking about saving and investing for the future?

LINK FOR ARTICLE

Warren Buffett and the $300000 Haircut - WSJ.pdf