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But why should the fairest price be equal to exactly 12 months of earnings? Why not 1 month, or 100 months? Is there something special about the length of Ear
by mbrubeck 6mo ago
But why should the fairest price be equal to exactly 12 months of earnings? Why not 1 month, or 100 months?
Is there something special about the length of Earth's orbit that makes it the correct ratio for converting flows to values? If a business were incorporated on Mars, would the fair price be one Earth year of earnings, or one Mars year of earnings? (The latter price would be 88% higher.)
- Noaidi 6mo agoNow you’re beginning to understand. Listen I have a degree in economics. I never wanted to economics because it’s all bullshit. It’s arbitrary measurements and it’s not a science.