The Arithmetic Of Growth: Methods Of Calculation (Sequel To The Most Important Video You Will Ever See)
If you remember reading Jeremey Grantham’s latest letter he recommends watching the lecture “Arithmetic,Population, & Energy” by famous physicist Albert Bartlett. Click here to read Grantham’s letter and watch the video This video is often called the most important video you will ever see. The central issue is that compound growth rates produce amazing long term results. This applies to investing, population growth, economics, consumption, and sadly sustainability “which Bartlett admits to being an oxymorn”.
Below are two of Bartlett’s famous essays on “The Arithmetic of growth & methods of calculation” These are highly recommended for all of our readers.
The post is dedicated to *Jeremey Grantham & Jim Rogers.
You can read more of Bartlett’s essays here and listen to his interviews here.
*P.S. I’ve recently become friends with professor Bartlett. I’ll report back to you on our talks.
The Arithmetic of Growth: Methods & Calculation Part 1 (pdf)
The Arithmetic Of Growth: Methods & Calculation Part 2 (pdf)