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> If one bought and held the Dow from 1921 to present, the total return would be 500,000% (5,000x)! One of the great challenges of human existence is we do not
by maerF0x0 5y ago
> If one bought and held the Dow from 1921 to present, the total return would be 500,000% (5,000x)!
One of the great challenges of human existence is we do not live 100 yrs to see those returns. Instead we're living, blind to the exact details, on the choices of those 100 yrs prior to create the X% returns of their choices _for our lives_ . One way to get people to make such choices is to create a love for whomever comes next. Children used to be a "skin in the game" sort of scenario where you didn't want to mess up the future cause you had a vested interest in it. Between selfish culture and few people having children, i'm not sure the solution .
While many say that ending aging / increasing life span to 100s or 1000s of years would be disastrous, I actually think it might fix a lot of issues as we'd have that timespan of a personal interest to optimize across.
- baybal2 5y agoThere is 1000 year gold, but no 1000 year people
- deleted 5y ago[deleted]