patterns / double_aging

buyout thesis

Double aging

the owner has died (estate) or is 70+ with a co-owner who is 65+ — succession skipped a generation and is now due twice over

the signature — what the register must show
staff ≥5
owner deceased (estate/executor PSC record) OR owner 70+ with a co-owner aged 65+

Why it matters

Succession skipped a generation: either the owner already died and the shares sit with the estate, or both partners aged together and there is no younger generation in the ownership at all.

The play

The most time-boxed lead in the book: estates MUST resolve, and 70+/65+ pairs resolve within years, not decades. Approach heirs/executors tactfully (check probate status via filing history first).

How it's kept honest

The badge is recomputed nightly across the whole index, and re-evaluated live the moment a company files — so a match is always a statement about the current register, not a stale list. Like every signal on the radar: a prompt to look closer, never a verdict.