45sec snip

Invest Like the Best with Patrick O'Shaughnessy cover image

Bob Elliott - A Macro Tour - [Invest Like the Best, EP.302]

Invest Like the Best with Patrick O'Shaughnessy

NOTE

Higher Chances of Success for Founders in their 40s and 50s

Founders in their 40s and 50s have higher chances of success compared to founders in their 20s. The odds of success for older founders are three times higher. Investing in older founders repeatedly and building a portfolio of bets can lead to long-term success. Second-time founders have better chances of success than first-time founders. Common sense decision rules can be constructed to increase the probability of success in private investments. In the future, computational methods will play a significant role in improving success rates.

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