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A comment on Ford vs Facebook. Parent comment
What I'm saying is it's not a basic value equation. Buying an asset does not create wealth. It's the application of that asset.
It's not simply Facebook has a book-value of X -- It's The market thinks Facebook can build more wealth with their $ than Ford.
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What I'm saying is it's not a basic value equation. Buying an asset does not create wealth. It's the application of that asset.
It's not simply Facebook has a book-value of X -- It's The market thinks Facebook can build more wealth with their $ than Ford.