2 ms·
EV of 0? Are you assuming you're leveraged 50 to 1?
by anonu 5y ago
EV of 0? Are you assuming you're leveraged 50 to 1?
- throwaway_4ever 5y agoThey either mean commodities long term have 0% real returns, or that the “contango” of holding commodities as an asset means long term the asset's worth becomes 0 (high expense and 0% real return)
- 55555 5y agoThey mean zero sum or negative sum.