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To: Renfrew

Generally yes....things are worth what someone will pay. But not always...that’s the point of the story. If you buy controlling interest in this company / deli for $50,000,100, then what? Liquidate it - building, land equipment, stock on the shelves, and any other assets, etc., subtract liabilities......do you think it’s worth $50-mil? I doubt it. Price is what you pay, value is what you get. It’s only truly worth what it’s worth.


15 posted on 04/17/2021 1:27:52 PM PDT by wny ( s)
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To: wny

Intrinsic value is the coin of the realm.

Why do you think Bill Gates is the largest owner of farmland in the US?


17 posted on 04/17/2021 1:29:57 PM PDT by Mariner (War Criminal #18)
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