Ep37 Five Common Finance Mistakes
All Else Equal: Making Better Decisions
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The Importance of Dollar Value in Finance Evaluations
This chapter emphasizes the common mistake of focusing on return measures in finance evaluations instead of considering the actual dollar value created. It discusses the example of Peter Lynch's career and highlights how the perception of returns can be affected by the scale of investments. The chapter also touches on the irony of investing in education for high-skilled labor in a capitalist society.
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