How Warren Buffet is worth $108 Billion

2023-03-09 · Short · Ali · recording, 0:53 · watch on YouTube

Topic: Money and investing · mode: Explanation and tutorial · tags: Lesson from a book

Ali contrasts Warren Buffett, worth around $108 billion at 92 with about 22% average annual returns, with Jim Simons, whose 66% returns began only at 50, and concludes that Buffett's real secret is time.

What is said

The parts of the video and what is said in each (★ — how much it matters to the video).

00:00:00 — Warren Buffett against Jim Simons: why time is Buffett's secret

★ Warren Buffett, born in Nebraska in 1930, started investing at 10 by buying three shares in an oil company and had made the equivalent of around $100,000 by finishing college at 21, Ali says. — 00:00:00
★★ Warren Buffett, still investing at 92, is worth around $108 billion; Ali calls him certainly the most famous investor in the world but not the best. — 00:00:00
★★ Warren Buffett's average annual return is around 22%, while the mathematician and hedge fund manager Jim Simons averages 66%, Ali says. — 00:00:00
★★ Ali calls Jim Simons the most successful hedge fund manager of all time, yet 75% less wealthy and far less famous than Warren Buffett, because he only began earning those returns at 50 and has had them for 34 years; Buffett has invested for 82 years and made 99% of his wealth after his 50th birthday. — 00:00:29
★★★ Warren Buffett is certainly a great investor, Ali concludes, but his real secret is time. — 00:00:29

In the description and comments

★ Ali says, in a channel comment, that the story comes from Morgan Housel's The Psychology of Money, one of his favourite books on finance. — creator comment

Mentioned

Central: Jim Simons · Warren Buffett

Only in the description or credits: Morgan Housel · The Psychology of Money

Also centred on Warren Buffett: The Book That Changed My Financial Life 🤑 · How to Invest for Beginners (2026)

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