“A basic function of finance is to transform a stream of cash flows into an asset, but a more advanced function of finance is to transform a stream of losses into an asset”https://twitter.com/matt_levine/status/1234892601695854592 …
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“A basic function of finance is to transform a stream of cash flows into an asset, but a more advanced function of finance is to transform a stream of losses into an asset”https://twitter.com/matt_levine/status/1234892601695854592 …