Why the takeover boom is only starting
The Money Puzzle
00:00
Is There a Bias Against the Profitless Prosperity Companies?
We have never had a point in time where there were so many companies on the market that don't make a profit. A dollar earnt next year at basically any interest rate, is pretty close to a dollar to day. But as you go further and further out in the future, so a dollar earnt in ten years time, or 20 years time, it's sensitivity interest rates are much greater.
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