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thefamilyman

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thefamilyman

Re: Lemoncat post# 377673

Thursday, 10/07/2021 6:39:42 PM

Thursday, October 07, 2021 6:39:42 PM

Post# of 403033
But it absolutely IS insane. I would never sell an asset based on it’s cost. You ALWAYS sell an asset based on it’s market value. And in determining market value, it is certainly appropriate to take into account future cash flow projections and the time value of money.

Lemoncat said,

Alright, so I'm not crazy.

LilKahuna at least recognizes such a buyout as not insane.

"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."

Upton Sinclair

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