Ahhh... we have discovered a True Speculator :) If sale of the asset is the only way your asset returns cash to you, then it is certainly speculation by my abo

Ahhh... we have discovered a True Speculator :) If sale of the asset is the only way your asset returns cash to you, then it is certainly speculation by my above definition. Have you not considered operating a business as an on-going entity producing profits on a regular basis? Or have you become so blinded by the VC model that you can't imagine doing anything other than selling your stock to the greater fool? I can assure you that my friend's brewery produces liquidity in the form of cash as well as libations. Well, the latter turns into the former, to be most precise. It is striking that actual operating profits have become such an insignificant part of the asset valuation process that some people forget the existence thereof.