Brad Gerstner, founder and CEO of private investing firm Altimeter Capital, says the U.S. is increasingly becoming a country of haves and have-nots. "I think in this country, everybody knows the wealth gap is at historic levels," Gerstner said last week at CNBC's Delivering Alpha investor summit. To close the gap, Gerstner says, American policymakers must harness the power of what investing sages have called the 8th wonder of the world. "The most powerful thing we have in the world to shrink the wealth gap is compounding," Gerstner said. "I started building this little snowball at the top of a very long hill.

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Persons: Brad Gerstner, Gerstner, Warren Buffett, " Buffett, aren't Buffett Organizations: CNBC's, Alpha, Berkshire Hathaway, Invest Locations: U.S, haves, Invest America