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fan
searching PlanetScale…
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31.
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by
fan
17y ago
The stock market generally returns around that amount, though not in a stable manner. (Hence its hard to infinitely borrow stable capital at 5% to fund unstable returns at 8%).
32.
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by
fan
17y ago
Anchoring doesn't seem to account for the effect here. Anchoring (another term is mental accounting) says that when the price range of an object is high, consumers don't mind a $1 change in price as much as when the prices are low. But t