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Old 01-30-2012 | 12:31 PM
  #16  
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jungle
With The Resistance
 
Joined: Jan 2006
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From: Burning the Agitprop of the Apparat
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Originally Posted by tomgoodman
An asset's value never goes to zero if the owner can find a "greater fool" who will buy it. Even the greater fool can profit if he knows that the asset, properly re-packaged, can be sold to a "super fool". It's only when the asset finally rests with the Ultimate Fool that it becomes illiquid. Ultimate Fools line up every November to hire their purchasing managers.
There are a fair number of fools worth quite a bit less than zero too.


Perhaps next time we can talk about installing a printer in the basement to increase liquidity.

Or even better, one of my favorites: If debt doesn't matter, why should revenue be a concern?

Last edited by jungle; 01-30-2012 at 12:53 PM.
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