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Nearly every company these days falls for this. I suspect suits completely misunderstand the principle of time value of money, as they wrongly conflate "short t
by theprotocol 10y ago
Nearly every company these days falls for this. I suspect suits completely misunderstand the principle of time value of money, as they wrongly conflate "short term money" with "earlier money."
And in finance, when it comes to inflows of money, earlier always trumps later (as it's assumed that you can thus will invest that money for longer when you get it earlier).