Dive into the archives.
- After the MBA or Erroneous Assumptions of Value
Over the last few weeks, I’ve recalled a question I’d asked while learning about the “Capital Assets Pricing Model” in Finance I: mightn’t erroneous assumptions about the worth of an asset’s terminal and liquidation values distort the present value of an investment? My professor suggested that the question was subversive. Dutifully, though, on the way [...]
