The Average Age and Years Served of Members of US Congress Every Year Since 1789

Re:The Average Age and Years Served of Members of US Congres... by nostromo on Wednesday May 23, 2018 @01:48PM (#17136272)

I wonder if Berkshire Hathaway should have forced Warren Buffett to retire at 60, 17 years ago.

For reference: he's more than quadrupled his investors' money in the years since he turned 60.

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Re:The Average Age and Years Served of Members of US Congres... by maxxxxx on Wednesday May 23, 2018 @01:54PM (#17136337)

It would have been prudent of him to train a replacement much earlier. He still could advise but the risk of him dying suddenly and leaving the company leaderless increases with age.

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Re:The Average Age and Years Served of Members of US Congres... by aperrien on Wednesday May 23, 2018 @05:48PM (#17138653)

Berkshire Hathaway is a private business entity, not a public government with whom we all are required to interact with.

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Re:The Average Age and Years Served of Members of US Congres... by AQuantized on Wednesday May 23, 2018 @04:00PM (#17137652)

He's 87, so that would be 27 years ago.

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Re:The Average Age and Years Served of Members of US Congres... by nostromo on Wednesday May 23, 2018 @06:12PM (#17138859)

Thanks for the (huge) correction.

It's interesting that the vast majority of Warren's wealth came after he turned 60.

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Re:The Average Age and Years Served of Members of US Congres... by Shounak on Wednesday May 23, 2018 @07:13PM (#17139328)

Maybe inflation is part of the reason for this

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