Part 3/11:
Buffett himself noted that success is about the slow accrual of wealth, famously stating that life is “like a snowball,” where the key is finding the right conditions and benefiting from a lengthy period of growth. Thanks to compound interest—often dubbed the "eighth wonder of the world" by Albert Einstein—the potential for wealth accumulation grows exponentially over time. However, significant results require patience, as demonstrated by an investment example showing the dramatic growth of $10,000 over 30 years with a consistent 7% return.