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That would be mistaking a stock for a flow. Every accounting period starts from zero. It's the flow that matters for this accounting period. Not how much you a
by neilwilson 6y ago
That would be mistaking a stock for a flow.
Every accounting period starts from zero. It's the flow that matters for this accounting period. Not how much you amassed from previous ones.
Football teams keep their players from previous seasons. They don't all go into a big hat and get redistributed to other teams just because they happened to be champions.
But we can change the rules and increase the handicaps.