2 ms·
> understand ongoing 1X bribes are far better than poisoning their money tree by stupidly accepting a one-time 10X bribe. Relevant concept: Present Value of Fu
by aleph_minus_one 3y ago
> understand ongoing 1X bribes are far better than poisoning their money tree by stupidly accepting a one-time 10X bribe.
Relevant concept: Present Value of Future Cashflows (see for example https://www.investopedia.com/terms/p/presentvalue.asp https://www.investopedia.com/terms/p/presentvalue.asp).