If picking as a starting poker position, I'd definitely want to be the 25 year old with a thousand because you'll be able to play more hands and have more experiences and hopefully have more fun even if you'll most likely end up very average or lose your entire chip-stack. I guess what I'm saying is there's no virtue in poverty and no guarantee wealth will bring you ultimate satisfaction either. Your choice is a false mutual exclusivity imho (in that everyone is 25 AND 95 [assuming that that they in everyone lives to 95], someone wanting to be 25 again doesn't imply that their previous journey to 95 is somehow intrinsically worth less - like an adrenaline junkie wanting to ride again the rollercoaster he just got off from).
At 95 you're a lot closer to the end of everything than the start, your body is really giving up and it is exceedingly difficult to enjoy anything much.
The speculation is that buffet would likely give up his entire wealth and have his expertise wiped to wind back his biological clock 70 years. Would he? I don't know, ask him maybe.
What can you do with $100m at 95 you would actually enjoy? Again ask him. Or any elderly friend or relative. It is unlike to be a fun conversation, at least in my experience.
At 25 if you have a windfall of only $1000 you've likely got some ideas!
At 95 with 100m, it's less about what I can do with that time left and more about how to make the world better off by the time I croak. I lived my life, as far as I'm concerned.
Putting it another way: I'm out the door in 2 weeks, some people would spend it relaxing. I'd make sure to document as much as I can and keep the transition as low friction as possible.
The only thin you can do with that money is give it away in charity or politics.
So what has he done with that time? He doesn't seem to be into frivolous spending much at all as far as is reported.
You have a trillion dollars, but not the life experiences to look back upon, or any actual personal accomplishments.
But in all seriousness, if I had to choose, I think I'd rather be 25 with $1k.
I really don't need a trillion dollars, at any point in my life (and certainly not with too few years left to do anything with but the tiniest fraction of it). I don't need a billion dollars, even. I figure $20M would allow me to do anything I wanted to do, with a healthy cushion in case anything went wrong. (Well, with $20M, even if I were to triple my spending habits, I'd likely still die with more money than I started with.)
I'm not sure that I fear death, but I do recognize at middle age that time is finite, and there are so many things to do in this world. Even with close to nothing as a $1k-holding 25-year-old, I could strive to make things better for myself, and likely look forward to a lifetime of experiences. At 95 that would nearly all be behind me.
Put another way: if I was 95 and had a trillion dollars, and there was some highly advanced, crazy-expensive procedure I could undergo to reduce my biological age down to 25, even if I'd only have $1k left over afterward, I expect I'd do it.
So, 95 with 1k?
And on top of that, it's possible -- perhaps even easy -- to deploy vast sums of money in well-meaning ways that turn out to have disastrous unintended consequences. I don't think I'd want that kind of responsibility.
Or you can waste it on a year of AI development. It's not ironclad.
>it's possible -- perhaps even easy -- to deploy vast sums of money in well-meaning ways that turn out to have disastrous unintended consequences. I don't think I'd want that kind of responsibility.
Given my current life, I'd rather try something different than have decades more of statis quo.
While the 95 year old trillionaire is really just deeply in debt with the creditor about to collect any day now.
25 with a thousand is out on the streets unless you have good famili connections. I'll be long dead before that money starts making money for me anyway.