Re: poly: Re: Why interest rates may stay low

From: CurtAdams <CurtAdams@aol.com>
Date: Tue Mar 24 1998 - 19:46:46 PST

In a message dated 3/24/98 4:40:24 PM, perry@piermont.com wrote:

>5) Few people are able to measure the risk of investments that don't
>pay off for a millenium.

Well, actually they might note that going from our solar system
to the entire galaxy in 1000 years is only about a 2.6% rate of
return. When the timeframes are millenia you can go from the world
today to the entire universe with a rather prosaic rate of return.
So perhaps they're calculating it accurately.
Received on Wed Mar 25 03:47:48 1998

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