What is the Age of Success in the 2022 Economy? Albert Einstein’s famous quote that “a person who has not made his great contribution to science before the age of thirty will never do so”. Has been proven wrong over the past decades.
A research paper from Northwestern University shows that half of all Nobel Price winning contributions in science happen AFTER the age of 40.
The reason why scientists achieve their moment of genius later in their career is mainly due to the:
BURDEN OF KNOWLEDGE There is more and more material to master before making a pioneering contribution to the field.
Interesting fact: The mean age at FOUNDING for the fastest growing new ventures over the period from 2007 to 2014 is 45 (and, hence, probably older than you have thought).
Given that the burden of knowledge in Finance is so large, the genius moments can take time.
A link to this study by Jones, Reedy, and Weinberg found here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2389203
In conclusion, of course as some will simply say. If you want to be exceptional, you shouldn’t look at a NORMAL curve for a benchmark.
