The Eurasian Century

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The Secret Winners Of Declining Interest Rates
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Cyclical Value Investing

The Secret Winners Of Declining Interest Rates

Are Compounders and Serial Acquirers Still Worth It?

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Cyclical Value Investing
Sep 11, 2024
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The Eurasian Century
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The Secret Winners Of Declining Interest Rates
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Much has been said about the market distortions created by a declining and then zero interest rate environment. One is however overlooked.

A common take among value investors and libertarian-leaning commentators is to see them as responsible for the emergence of tech monopoly and overall inefficient capital allocation.

By providing money “for free”, it …

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