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12/ And even if we adjust the interest rate to near zero (so that NPV should very closely reflect that future value) the inherit uncertainty that billions will love it (says who? that seems really unlikely to me!) means that the value is still roughly zero.
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13/ Yes, I agree. There are super savvy investors who can beat the market average. However, we get a bit of a Heisenberg's cat paradox: billionaire's bet on my novel is not revealed to be wise or foolish until much later ; until then - what value? https://twitter.com/JRstract/status/1176619013272739842 …
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14/ OMG, over here we're having a debate about how to properly price the value of a novel. ...and in a parallel thread,
@sonyasupposedly is debating all comers on how to properly price a toe. Advantage: Sonya!https://twitter.com/random_eddie/status/1176619193728405504 …Show this thread -
15/ The versions of the novels you've read are draft 7, IIRC. The million words is made up draft 1. and draft 2. and draft 3. and draft 4. and draft 5. and draft 6. If you want to deliver good results, practice. https://twitter.com/cdrusnret/status/1176622019493937154 …
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End of conversation
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Pretty sure the solution to this is to figure out how to live an additional 1000 years so you can reap the benefits of the work later on, rather than trying to reformat the economics of value.
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> Markets adjust near instantly to the available information. "The market can stay irrational longer than you can stay solvent." This is probably orthogonal pedantry but that's never stopped me before.
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