Do we really understand CAGR? (Compounded Annual Growth Rate)

2011 …S&P BSE Sensex was about 16 k

2023….S&P BSE Sensex is almost hitting 66 k

That’s about 4 times 😌 in 12 yrs….and you know the CAGR is about 12.53%

The issue is we just don’t understand how powerful a CAGR of 12% or 13% is, forget a 15 or 18%

And we still only talk about investing into property which doubles or triples 🤦🏼‍♂️

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