What's A Time Billionaire? - Definition, Examples, And More - Wealest: The Ideas of Wealth Creators — Wealest
Would Charlie Munger or Warren Buffett trade away their billions to be a fit, clear-minded 20-year-old again? I haven’t asked them, but I’m betting they would. Yet, many of us wish we were in Munger and Buffett’s position. If you’re young, don’t waste your time pining away for billions of dollars. You are billionaires of a different kind. You are time billionaires, and you are already rich. A time billionaire is someone who has a billion or more seconds left in their life. A billion seconds is about 31 years. Graham Duncan coins this phrase “time billionaires” in an interview on The Tim Ferriss Show. Duncan is the co-founder of East Rock Capital, a multi-family investment firm currently handling $2 billion in assets. Here’s the definition in his own words: A million seconds is 11 days. A billion seconds is slightly over 31 years… A time billionaire is someone young enough to have a billionaire or more of seconds left in their life... Time billionaires have the advantage of time, while
Time Billionaires: The Power of Youth You can always make more money. But you can never get back your time. Would Charlie Munger or Warren Buffett trade away their billions to be a fit, clear-minded 20-year-old again? I haven’t asked them, but I’m betting they would. Yet, many of us wish we were in Munger and Buffett’s position. If you’re young, don’t waste your time pining away for billions of dollars. You are billionaires of a different kind. You are time billionaires, and you are already rich. What’s A Time Billionaire? A time billionaire is someone who has a billion or more seconds left in
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