3 ms·
He's calculating EV above cost. If you look at the calculation, the first term is -1000 to account for the initial investment. So the final value is tell you th
by breischl 1y ago
He's calculating EV above cost. If you look at the calculation, the first term is -1000 to account for the initial investment. So the final value is tell you that you got back the initial money plus 900 more.
- neom 1y agoHowever, the article is technically inconsistent in framing.