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Classic 22: Life and investing w/ Mohnish Pabrai
We Study Billionaires - The Investor’s Podcast Network
Compounders
In 1965, the average tenure of companies in the S&P 500 was 33 years. By 1990, it was 20 years. If we run some of the newer numbers, it might be as low as 14 years by the year 2026. The odds that a business lasts for even a few decades is significantly against.
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