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by leetcrew
1740 days ago
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> I would say a better definition would be that a company is worth what someone will pay for it, regardless of if you actually sell it or not. this is a good definition for someone like me. if I had to liquidate all my assets today, I could easily figure out how much they are worth just by looking at existing bids. while no less "true", this definition isn't very helpful at scale. warren buffet can't just sell all his berkshire stock by filling orders. depending on the circumstances of the sale, it could either be worth a lot more than n * last price or a lot less. |
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