@DrCameronMurray@BlackHillCraig So costs determine iPhone prices? Of course they do.
Negative gearing exists because the investor is willing to bare the negative carry on the premise the asset value outperforms
@puppyeh1@bowtiedstocks Rough & dirty +2% over swap. Aussie 5y5y at a tad over 5%… so working with ~7%. Monster hedge ratio and if worth their salt would have ability to rx and extend tenor past ‘30
@LitLanius@SCHIZO_FREQ Does he put on a facade or is he just extremely logical? Most of these workplace interactions have simple solutions, but involve hurt feelings… didn’t think any HR mgr could survive on logical reasoning alone