> Yeah, like owning stock in another company or some other security that can be sold for cash, but not without loss. the liquidatable value is literally how yo

> Yeah, like owning stock in another company or some other security that can be sold for cash, but not without loss. the liquidatable value is literally how you define the term "current asset" (otherwise the accounts wouldn't balance) (and if you actually go and look at his past balance sheets it's entirely cash and callable loans the company has written) > So is bringing up the book value of a company when we’re talking about running costs. while you're googling "current asset" look up "strawman" too, because this is another > Sure, he could run the company at a deficit for quite a while. But I don’t think that’s a reasonable thing to demand. and another