It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow.

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It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow.

一切都归结于利率。作为一个投资者,你所做的就是为未来的现金流一次性支付。

-- Ray Dalio 达里奥

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