- 06 Jul
Pareto and the 80/20 Rule
Vilfredo Pareto (1848-1923) was a famous Italian economist who, amongst other things, derived some interesting relationships between income levels and the number of people who received more than that income. Anecdotal evidence credits Pareto with the original recognition that 80% […]Read more
- 05 Jul
DCF’s and NPV’s … Thank Irving Fisher!
Irving Fisher (1867-1947) was one of the greatest and clearest-thinking economists of all time. He established the theoretical support for modern discounted cash flow analysis, writing that “the value of capital is the present value of the flow of (net) […]Read more