This is a fundamental point that's often ignored. It's not just about the ticker going up, it's whether the underlying business is growing its real, inflation-adjusted cash flows. The ultimate goal is to own assets that increase your claim on real goods and services. Nice read!
This is a fundamental point that's often ignored. It's not just about the ticker going up, it's whether the underlying business is growing its real, inflation-adjusted cash flows. The ultimate goal is to own assets that increase your claim on real goods and services. Nice read!
Yes 100% agree, thanks for the comment Fjord.
Chocolate bars are DEFINITELY more than 5% smaller!
Yes I'm sure they are.