4 ms·
Discounting is a fool's game, IMO. We only have data for the present and the past. Prediction is hard, especially for the future. I prefer using nominal quan
by worik 4y ago
Discounting is a fool's game, IMO.
We only have data for the present and the past. Prediction is hard, especially for the future.
I prefer using nominal quantities, known values, and ignore people's predictions. Not that they are always wrong, or never right. But because I like to make decisions based on facts.