FORMER GOLDMAN BANKER: The Two Most Powerful Concepts In Math That Go Untaught

On Teaching Compound Interest and Discounted Cash Flows "The most powerful force in the universe is compound interest" - Albert Einstein[1] "Tomorrow and tomorrow and tomorrow, Creeps in this petty pace from day to day To the last syllable of recorded time" This Spring I began teaching Personal Finance to a group of bright college students, and we recently wrapped up a section on compound interest and discounted cash flows. What I'm trying to get across to these undergraduates is that all of the...