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Yea but that's the thing, if a company is bankrupt, shouldn't it be 0? Like rationally? In that sense, it feels thematically similar as people were trying to ou
by mettamage 1y ago
Yea but that's the thing, if a company is bankrupt, shouldn't it be 0? Like rationally? In that sense, it feels thematically similar as people were trying to outsmart each other with trickery.
- BJones12 1y agoRationally, I agree. But IRL it's surprisingly hard to measure the value of a company - both the assets and the value of continuing operations - even without considering they are in constant flux, even if there's no trickery.