[efaref]

Buffett's net worth at 14 was $5k. I just checked my old childhood savings account, and after my 14th birthday it had around £50 in it.

At 34, his net worth was $7M, so relatively speaking, I only need £70k to be doing about as well as he was.

I think I'm actually doing better. :-)

[elsurudo]

You need to adjust for inflation, though.

[efaref]

We both experienced inflation, but sure, let's work it out:

£50 when I was 14 was worth £90 in today's money. Buffett's $5k was $68k.

Buffett's age-35 7M was worth 53M in today's money. So I'd need £70k in today's money to match his net worth growth.

That's exactly the same. I'm actually surprised by this, as it suggests both Buffett and I experienced the same level of compound inflation over the 20 years of our lives from age 14, despite being at different times and on different continents.

(This is all tongue-in-cheek, of course).

[pcrh]

Wow! Tell me your secrets! :-)