Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
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I was much taken by this graph of the age distribution of investors globally when I posted on WDS and commented " My vision for WDS is mid-term, which will see me out". While this comment is hyperbole to be honest it must play some part in my investment decisions. I do like to see the results of my picks in stocks or other markets. So I would guess my decision making would be skewed accordingly, so that in the time left to me, a maximum of 15-20 useful years, my time frame for "my picks" would accordingly be 8-15 years to be on the safe side taking in to account the outside possibility of dying in a plane crash or being exhausted by a 30 year old French heiress who lives in a château overlooking St. Tropez suddenly taking a sexual interest in me and thus exhausting me before my expiry date.
I thus searched for the distribution of billionaires by age and came upon this useful graph. A pie chart of billionaires by age. I was comforted by sitting in age with some heavy hitters. Would they have similar thoughts and expectations to me? If so, would their investment decisions be skewed towards short to mid term rewards? And would this skew the investment in ICE and other fossil fuel stocks over EV and new energy stocks.
gg
I thus searched for the distribution of billionaires by age and came upon this useful graph. A pie chart of billionaires by age. I was comforted by sitting in age with some heavy hitters. Would they have similar thoughts and expectations to me? If so, would their investment decisions be skewed towards short to mid term rewards? And would this skew the investment in ICE and other fossil fuel stocks over EV and new energy stocks.
gg