Fred at A VC has posted five important things around dollars and markets which you should take a note on it:

1. A dollar today is worth more than a dollar tomorrow…
2. You will make more money if you take more risk…
3. You can value an asset if you know its cash flows, the timing of them, and can quantify the risks of acheiving those cash flows…
4. Markets are made up of speculators and hedgers. You can’t have one without the other…
5. The best price to sell something isn’t always the lowest price…

Read all of about them on his blog.

The Five Things I Learned In Business School – [A VC]

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