Posted 11/16/2023 06:47 (#10483907 - in reply to #10483797) Subject: RE: Kubs Den “ INSANITY OF PAYING 7% ON AN ASSET (FARMLAND) THAT ONLY EARNS 2%”
C IL
And that is the textbook example of survivorship bias.
Everyone whose equity and liquidity got eaten up servicing inflated debt in the 80’s after the reset and didn’t survive isn’t here, but every who survived or entered since is on here.