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I didn't mean it in a frivolous way. What I'm saying is it's not a basic value equation. Buying an asset does not create wealth. It's the application of that a
by jwilliams 14y ago
I didn't mean it in a frivolous way.
What I'm saying is it's not a basic value equation. Buying an asset does not create wealth. It's the application of that asset.
It's not simply Facebook has a book-value of X -- It's
The market thinks Facebook can build more wealth with their $ than Ford.