future cash flows
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 6, 2024 by Sam Jacobs · across every show →
Everything said about future cash flows, oldest first
Aug 6, 2024
Sam Jacobs: Zero Interest Rates Made Aggressive Capital Burn Economically Rational
“And what happens when you have zero percent interest rates, when you have free capital, is that the optionality of future cash flows, even in years 1020, 30, are equal to the value of cash flow today, which is why it made sense in the old world to burn capital…”