Koos van Strien

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Capital is finite and always carries an opportunity cost, which is what you can do with the next best alternative. If your next best alternative is 1 percent, your opportunity cost is 1 percent, and if it is 10 percent, the cost is 10 percent, no matter what some formula created in academia might say. Always remember: the highest and best use of capital should always be measured by the next best possible use.
The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
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