The fleecing of Fletcher Forests’ shareholders
On the Money: The art and science of discounted cashflow.
Brent Sheather
Sun, 24 Nov 2019
Hot Topic
SCIENCE
Long-term interest rates have fallen sharply in the past 16 years. The impact on the economic value of investments has been particularly pronounced on so-called long-duration assets – investments whose cashflows occur far into the future.
Think long-dated bonds, technology stocks and forests.
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Brent Sheather
Sun, 24 Nov 2019
Contact the Writer: brent@cpam.co.nz
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The fleecing of Fletcher Forests’ shareholders
Opinion,Columns,
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