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Ep43 Examining Bad Investment Advice

All Else Equal: Making Better Decisions

CHAPTER

Exploring Time Value of Money and the Rules of Time Travel in Finances

Exploring the principles of time value of money, this chapter explains the Rules of Time Travel and the significance of comparing cash flows at the same time point. It emphasizes the critical role of compounding and discounting in evaluating the value of cash flows and provides insights on avoiding common financial errors.

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