14min chapter

Kick the Dogma cover image

The Ownership Dividend…

Kick the Dogma

CHAPTER

Duration of Cash Flows and Modern Portfolio Theory

The chapter explores the concept of duration of cash flows, distinguishing between short and long duration assets based on payback periods and discount rates. It discusses modern portfolio theory (MPT) development, risk-adjusted returns, and the evolving perspective on dividends in investment. Emphasis is placed on the importance of total return analysis over share price performance and the changing investment landscape towards tech companies paying dividends.

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