When does the same input result in drastically different outcomes?
In the world of finance, this occurs with compound interest.
Three people could invest the same amount of money starting at different times, 50, 30, and 10 years and the person that started early could have many multiples more money at the end than the others.
It’s not timing the market, it’s time in the market.
Photo by Joachim Pressl on Unsplash.