Why you will probably live longer than most big companies
“I happen to believe that everything is on a path to fade,” he says. “If you think of evolution, ninety-nine percent of species that have ever existed are extinct. And businesses are no exception.”
William Green • Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life
Morgan Housel notes, “We constantly worry about the looming ‘retirement funding crisis’ in America without realizing that the entire concept of retirement is unique to the last five decades. It wasn’t long ago that the average American man had two stages of life: work and death. . . . Think of it this way: The average American now retires at age 62
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