The Human Brain Is Bad at Compound Interest — Exponential Growth Blindness, Loss Aversion, and the True Cost of Fund Fees
The human brain isn't built for exponential thinking — we expect linear change and consistently underestimate compounding. This explains why Investor A (invests for 10 years then stops) beats Investor B (invests for 30 years starting later), why panic-selling during a 30% decline is more costly than the math suggests, and why the difference between a 0.1% and 1.0% fund fee compounds into nearly double the original investment over 30 years.