Wednesday, July 13, 2005

Dragging out the old MBA one more time


Sim wonders why people won't just wait for the Fitzgerald investigation to run it's course before making arguments about Karl Rove's innocence/guilt. To wit, I hypothesize the following corollary to the idea of Net Present Value:

Much as in Finance where dollars now are worth more than dollars later, a good Bush-bash now is more valuable than a Bush-bash later. Just as in Finance though the trick is not in the computation itself, it is in finding the accurate rate at which to discount-over-time the value of the bash.

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