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Einhorn feared if the Mets knew of his previous interest in the Brewers they would conclude he was just another rich hedge-fund guy looking to buy a new toy, as opposed to being a serious Mets fan.
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After all, if they thought that whatever expansion they were considering would only yield an internal rate of return of 5%, they would conclude that they should not engage in the expansion since it would cause them to lock in a guaranteed loss of 1% per year.
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But they would be wrong to conclude that it is better to keep all their money at home.
ECONOMIST: Home, sweet home?
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If those workers conclude that they would be better off spending now, since the alternative could be earning next to nothing on their savings if they retire in a future period of economic torpor, long-term U.S. growth will be the real loser.
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They conclude that market returns would be more muted.
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Yet it would be wrong to conclude that all politicians would lead by example if only the climate in which they operated were like Sweden's.
ECONOMIST: Charlemagne
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They had to conclude before the House met this week to vote on the Speaker's punishment, guaranteeing they would be brief.
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Yet to listen to the managers' presentation last week, one would be hard put to include -- to conclude that they understood that.
CNN: Transcript: White House Counsel Ruff's opening statement
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But, it would likely conclude, there are people who now expect to find what they need on corporate websites.
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