Defying Times: Stories for Teens and Young Adults

Episode 34: A Young New Yorker's Guide to Money (Chapter 8. Compounding, The Eighth Wonder)

Defying Times: Stories for Teens and Young Adults

Show Notes

Chapter 8. Compounding, The Eighth Wonder

Asher's cool Uncle Nathan stops by with towering pastrami sandwiches from legendary Katz's Delicatessen, sparking an unexpected conversation: What gives some businesses the power to thrive for more than a century? From iconic New York institutions such as Katz's and Moscot to a forgotten investment account that quietly compounded for decades, Asher discovers the surprising force behind enduring success. Join him on a journey through history, investing, and the remarkable power of compounding—often called the Eighth Wonder of the World.

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