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Scott Burns: The Hedonic Clock

FYI: Anticipating the future is confusing. It’s unknown, for one thing. And we don’t have any tools for measuring. What I can tell from reader mail is that we put a steep discount on the future. If it ain’t soon, it ain’t. You would be amazed at the number of 55-year-old people who casually assume they will be dead and buried by 70.
Regards,
Ted
http://assetbuilder.com/scott_burns/the_hedonic_clock
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