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They didn't discount future earnings. i.e. You wouldn't buy a T-Bond that will pay you 10,000 in 30 years for $10,000 today. If you discount future earnings
by JamesBarney 9y ago
They didn't discount future earnings. i.e. You wouldn't buy a T-Bond that will pay you 10,000 in 30 years for $10,000 today.
If you discount future earnings at 6% you get 1.8 millions for software engineering versus 2.67 million for NFL.
- x0x0 9y agoAn safe investment with a 6% return is a fantasy. 30 year treasuries pay roughly 3% before inflation.
- JamesBarney 9y agoA career is not as safe of an investment as a t-bond.