Investors should need no reminder about the power of compounding returns.
If a company’s profit or share price grows 10 per cent a year over five years, it will be 61 per cent more after five years.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
