3 ms·
A counterpoint to what? What's your definition of "underwater (in real terms)"? That investment would have been paying dividends for decades. What happens with
by kgwgk 4y ago
A counterpoint to what?
What's your definition of "underwater (in real terms)"? That investment would have been paying dividends for decades. What happens with those cash flows?
- verteu 4y agoIt was a counterpoint to the common wisdom that "stock returns beat inflation over long-term periods." But I didn't realize the author discarded dividends -- that makes the entire analysis suspect.