Y
Hacker News
new
|
ask
|
show
|
jobs
by
breischl
243 days ago
He's calculating EV above cost. If you look at the calculation, the first term is -1000 to account for the initial investment. So the final value is tell you that you got back the initial money plus 900 more.
1 comments
neom
243 days ago
However, the article is technically inconsistent in framing.
link