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I have had EXACTLY the same thought about the 5 year moving average. Although I think having the excess going to pay down debt is just an encouragement to run u
by joshu 17y ago
I have had EXACTLY the same thought about the 5 year moving average. Although I think having the excess going to pay down debt is just an encouragement to run up more debt. Instead, why not hold/invest, like a private university would?
- stretchwithme 17y agobecause then they would continue to be in debt in order to invest and thats something that doesn't quite make sense. and when they go cash in those investments during a down economy, they'll all be down. unless they put it all into derivatives.