Nishant Hariani

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even if we had a crystal ball and knew the exact quantity of cash that we’d get out of our business from here to eternity, different interest rate assumptions would make that pile of cash worth more or less today.  You can start to see why interest rates have a big effect on asset values.  They’re like the gravity of the financial world.  They’re everywhere and always tugging.”
The Rebel Allocator
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