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Data Update 4 for 2024: Danger and Opportunity - Bringing Risk into the Equation!

Musings on Markets

Third, by making investing a choice between good (higher returns) and bad (higher risk), a message is sent, perhaps unwittingly, that risk is something to be avoided or hedged. Don't overthink the discount rate : One of my contentions of discount rates is that they cannot become receptacles for all your hopes and fears.