THE GLOBAL INVESTOR
JEAN PIERRE VERSTER: The ultimate long game
Charlie Munger, the illustrious vice-chair of Berkshire Hathaway, died aged 99 last week, just five weeks shy of becoming one of more than 500,000 centenarians. With that in mind, we round up a handful of companies taking advantage of our increasing longevity
Charlie Munger, who died last week aged 99, will be remembered for his witty aphorisms. He was a master at inverting problems — thinking backwards from the end state towards the present. My favourite quote of his is: “All I want to know is where I’m going to die, so I’ll never go there.”
In the end, death sought out Charlie a mere five weeks before his 100th birthday. There are more than 500,000 centenarians alive today, and that number is expected to grow strongly. Let’s have a look at a few companies taking advantage of this longevity opportunity, making money from the end phase of life...
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