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Technology Stocks : George Gilder - Forbes ASAP
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To: moat who wrote (1134)3/30/1999 2:47:00 PM
From: Robert Sheldon   of 5853
 
*every time I pick it up I get bored with it *

Every time picked it up I got a headache! I say this because everything I had learned about capital allocation in school got tossed out the window . . . so much for the tens of thousands of dollars spent on my education.

The book postulates that traditional axioms such as listening to your customers, running weighted average cost of capital & marginal cost of capital analysis's, as well as the senior management decision processes are all wrong.

That would be enough for many Professors to “go off the deep end”.
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