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Adam Parker Returns

The Compound and Friends

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Interest Rates and Multiples for Growth Stocks

This chapter analyzes the relationship between interest rates and the multiples for growth stocks. It discusses how anticipation of rate increases can decrease multiples for growth stocks and highlights the importance of analyzing the correlation between stocks and interest rates to avoid negative outcomes. The chapter also mentions the concept of being 'Texas hedged' and emphasizes the need for a balanced portfolio.

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