The Data of Long-Lived Institutions

As I mentioned, most of the oldest companies in the world are in Japan. In a survey of 5,500 companies over 200 years old, 3,100 are based in Japan. The rest are in some of the older countries in Europe.

But — and this was a fact I found curious, and one that speaks to the cyclical nature of things — 90% of the companies that are over 200 years old

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