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surfer44

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surfer44

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Re: surfer44 post# 12737

Wednesday, 01/18/2023 1:11:11 AM

Wednesday, January 18, 2023 1:11:11 AM

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In simplest terms I look at buying a ship as an Uber driver would buy a used car. Asset value + earnings power.

Example. I'm an Uber driver who can buy a used car valued at $10,000 for $5,000. OK, I buy it and drive it for 5 years earning money. Then someone offers me $15,000 for the car. I would probably sell it.

Btw used car prices in the U.S skyrocketed during the pandemic. Coming back down again.
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