Only about half the baby-boom generation has reached the prime stock-owning years.
Real estate play Ayala Land and shopping mall giant SM Prime are liquid, quality stocks, and their stock prices reflect it.
As in 1997, when he formed a partnership to own $160 million of Prime Group Realty stock at $18.60 before the company sold stock to the public at $20. His minority partner: Peter Peterson's New York investment fund, Blackstone Group, which put in $45 million and retained an option to force Reschke to buy it out for $22.50 a share, $60 million, in three years.
Under Mr. Grano's watch, the merged PaineWebber unit handed over businesses including asset management and prime brokerage stock loans to the investment bank.
The apartment on Pont Street, Knightsbridge, is typical of the city's prime market stock, aimed directly at investors from more than 50 countries who buy in the city.
A number of United Nations-based foreign consulates, absolved by their status of paying property tax, have taken advantage of Westchester's prime housing stock and proximity to the city, buying homes or weekend getaways for their diplomats.
He strolled along the neatly kept grass and pointed to the prime housing stock, built during the industrial boom years of the 1920s, which faces inwards towards the park.
Mauger won 46 Test caps between 2001 and 2007 and comes from prime sporting stock: he is a nephew of the Bachop brothers, Steve and Graeme, both of whom were All Blacks in the 1990s; his great uncle is Ivan Mauger, the six-time world speedway champion.
He could at least discuss Coke's fall from grace as a prime growth stock.
