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0 pointsJumpCrisscross4y ago0 comments

> It's been 20 years or so of applying very basic reasoning

Would note that we’ve been in about a single interest rate regime for almost precisely that amount of time.

0 comments

And 40 years of declining interest rates.

Almost none of the posts talk about what investing traditionally has been for-- buying future cash flows at a current discount. Sign of the times....

j / k navigate · click thread line to collapse

And 40 years of declining interest rates.

Almost none of the posts talk about what investing traditionally has been for-- buying future cash flows at a current discount. Sign of the times....

j / k navigate · click thread line to collapse

0 pointsJumpCrisscross4y ago0 comments

> It's been 20 years or so of applying very basic reasoning

Would note that we’ve been in about a single interest rate regime for almost precisely that amount of time.