Possibly the ultimate mental model
Never Mind!
This is a serial set of comments, posted as they occur to me, not to be interpreted as my full set unitl I so decale:
1. LTV must be discounted by some future interest rate. It is not the sum of the future cash flow/profits.
I’ll be expecting a non-ergodic follow up model to this one, or Taleb followers might come after you
well, it's user error to take the model inputs too seriously, but in the spirit of peer review, here's a link to it: https://docs.google.com/spreadsheets/d/1Up6gFrMnyTAbeRjmWxNFABeLjDTF2ERQLSpjmGZL0cQ/edit#gid=0
Never Mind!
This is a serial set of comments, posted as they occur to me, not to be interpreted as my full set unitl I so decale:
1. LTV must be discounted by some future interest rate. It is not the sum of the future cash flow/profits.
I’ll be expecting a non-ergodic follow up model to this one, or Taleb followers might come after you
well, it's user error to take the model inputs too seriously, but in the spirit of peer review, here's a link to it: https://docs.google.com/spreadsheets/d/1Up6gFrMnyTAbeRjmWxNFABeLjDTF2ERQLSpjmGZL0cQ/edit#gid=0