2002: Want to Be a Better Investor? Stop Staring at Your Portfolio by Vitaliy Katsenelson
Optimal Finance Daily - Financial Independence and Money Advice
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The Active Dangers of Passive Investing
Interest rates are the foundation of the discount rate, also known as the required rate of return that investors use to convert future cash floes into day's dollars. Valuation of companies whose earnings lie far, far in the future benefits dramatically from falling interest rates. High duration companies are benefiting from both low interest rates and the dumbness of the indices.
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