The majority of these people think in a way that is -EV(negative expected value), so most people are getting advice in spots like this from sources who while trying to help them, don’t think in a logical way that will lead to the +EV route(positive expected value). They think in a...
One of the basic problems faced by the fi nancial manager is how to determine the value today of cash fl ows expected in the future. For example, the jackpot in a PowerBall™ lottery drawing was $110 million. Does this mean the winning ticket was worth $110 million? The answer is ...
One of the basic problems faced by the financial manager is how to determine the value today of cash flows expected in the future. For example, the jackpot in a PowerBall™ lot- tery drawing was $110 million. Does this mean the winning ticket was worth $110 million? The answer is no...