Importance of compounding from Jonathan Clements

I have never met Jonathan Clements, but he is definitetly one of my favorite business writers. When I was at Penn State and using a class packet, I bet over 50% of the packet was written by him. Here is tells of teh importance of compounding. From Yahoo (and WSJ):"People think in terms of simple interest, not compound interest. For instance, if our investments clock 8% a year for 10 years, we