View Single Post
  #22  
Old 08-08-2007, 05:33 PM
DcifrThs DcifrThs is offline
Senior Member
 
Join Date: Aug 2003
Location: Spewin them chips
Posts: 10,115
Default Re: Too Much Information

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]


"Let's say I offer you a bar of gold. You know, for a fact, that it is 100% real gold. I hand you the bar of gold, which is about as big as your phone, but you are not allowed to weigh it or in any other way attempt to determine its mass, volume, etc. Then I tell you that I'll sell you the bar for $50. Now do you care what the hell it's worth?"


[/ QUOTE ]

Definition of what makes a great investment...

[/ QUOTE ]
I'm not following. Is this sarcastic, serious, something else?

[/ QUOTE ]

highly doubt thats sarcasm. you made a great point and DC si agreeing.

good analogy;
gold=stock
easy to value gold and while you acan't determine exactly what it is worth, you know for a fact (given your assumptions) that it is worth well more than $50.

Barron
Reply With Quote