Re:Nordstrom Family to Take Company Private in $6.25B Deal
by philwelch on Monday December 23, 2024 @01:39PM
(#42496607)
If a business’s assets are more valuable than the business itself, it’s a bad business.
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Re:Nordstrom Family to Take Company Private in $6.25B Deal
by xethos on Monday December 23, 2024 @04:51PM
(#42497894)
On a short enough time frame, the golden egg currently inside the goose is more valuable than the goose itself. The problem comes when you kill the long-term profits trying to get an immediate return.
Thinking you can make more money in the short term (for example, by selling real estate) routinely kills the ability to earn a profit long term (which is now eaten by rent on land you used to own).