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24min chapter
Adam Parker Returns
The Compound and Friends
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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