An ode to the end of a con
How long can deception go on?
When prices are set by banks printing debt
All trust in the “markets” is gone!
Two businesses, each earns $10.
Company A: Has $50 in net assets and produces $10 in earnings.
Company B: Has $1,000 in net assets and produces $10 in earnings.
- Which is the better business?
- Which is the better value?
- What is the difference in value between the two companies?
Anyone who doesn’t pass this quiz meets my Ex (Hoping won’t help; prayin’ won’t do you no good!