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Imagine we were in 1890's - There is biggest horse carriage company - And a dominant railway company Here comes { Ford, GM, Cadillac........} Every investor
by beautybasics 13y ago
Imagine we were in 1890's
- There is biggest horse carriage company
- And a dominant railway company
Here comes { Ford, GM, Cadillac........}
Every investor at that time can make a case that how could a transnational railway/carriage company is worth less than any motor company.
- AndrewKemendo 13y agoI think the difference is that in your case tangible commodity assets are being compared to tangible commodity assets. Those machines can be re-sold, melted for scrap, re-purposed etc... Software has a much harder time in the secondary market.