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I thought the same thing. A company is also its buildings, equipment, things that can be liquidated, it's founders, it's principal investors, etc..
by djsumdog 8y ago
I thought the same thing. A company is also its buildings, equipment, things that can be liquidated, it's founders, it's principal investors, etc..
- philwelch 8y agoA company whose value lies solely or predominantly in its tangible or liquefiable assets is a company that an efficient market will soon liquify, and thus ceases to be a company.