4 ms·
Things can be valued as assets based on the present value of their future cash flows (like companies) or by their desirability and rarity (like a Lambo). The a
by RC_ITR 5y ago
Things can be valued as assets based on the present value of their future cash flows (like companies) or by their desirability and rarity (like a Lambo).
The argument you are making is equivalent to 'now that he won't pay for the gas, who will buy the Lambo?'
- arrosenberg 5y agoI'm definitely arguing that the Lambo is less valuable without gas, and that the number of people with a comparable amount of gas to pour on a soccer club is a very limited group. It's unclear what the actual value is, since some major portion of the value is based on it's desirability/rarity, which is a speculative quality - as a business, Chelsea doesn't seem to have the finances of a top 4 club.
- RC_ITR 5y agoSure. A Lamborghini would be worth more if gas was free and there aren’t that many people who can afford gas for a lambo, but you’re way overestimating global inequality. Plenty of people could afford Chelsea.