Prob depends on how you define exploitation stage. If it means “is experiencing compound interest/exponential gains in X” then probably yes 
. Is experiencing or has experienced maybe
hi @naval are you 100% sure you're in the exploitation phase of your career? I'm 12 years younger than you are and I feel like there's a ton for me to learn. Charlie Munger is literally over 2x your age - gotta think he's learned something in the past 51 years! 
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