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Gordon's avatar

Well said! Let me add a thought. I have some friends with the long-term track records that you describe, and if one of them were to act in a way that seems out-of-character, I would seek to speak with them privately and ask if all is well. This is something that I have done, more than once, and nearly always, my friends are grateful that I care enough to ask, and that I know them well enough to recognize that their action - whatever it may have been - was not characteristic of them.

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josh's avatar

People can change - sometimes profoundly and abruptly. If unbeknownst to you, Robin were to pick up a bad drug habit then you would not want to wait for another 25 years to adjust the polarity of your trust accordingly. Maybe a better function than simple "sum of everything" would weigh recent events more strongly, and especially a series of recent events that depart from historical trends.

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