Thursday, August 19, 2021

And yet another inflation illusion post...

Another inflation illusion post.  This time with math.

Again the issue here is that you can't just increase the discount rate when you are valuing a stock without paying attention to the top line growth rate.   

https://www.barrons.com/articles/tesla-is-cratering-this-is-how-much-interest-rates-hurt-51614973530?mod=article_inline


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