Quotes About Valuation

Ignored in the self-laudatory commentary about the stock market's performance were other less positive facts. The Karachi Stock Exchange's market capitalization in 2016 stood at a meagre $89 billion, which compares unfavourably with the $320 billion capitalization of the Dhaka Stock Exchange in Bangladesh.

Each year, a portion of the original cost of an asset is written off as an expense, and that change is noted as an adjusting entry. Determining

The owner, Julius Shimski, knew everything anyone could know about all things old—coins

I do not think anything should be given for free. Everything has a price attached to it.

The valuations which result in determination of definite prices are different. Each party attaches a higher value to the good he receives than to that he gives away. The exchange ratio, the price, is not the product of equality of valuation, but on the contrary, the product of a discrepancy in valuation.

Perhaps the grumbler will object on the ground that he considers p a vital commodity, much more important than q, and that therefore the production of p should be expanded and that of q restricted. If this is really the meaning of his criticism, he is at variance with the valuations of the consumers. He throws off his mask and shows his dictatorial aspirations. Production should not be directed by the wishes of the public but by his own despotic discretion.

If the possessor of a units of money receives h additional units, then it is not at all true to say that he will value the total stock a + h exactly as highly as he had previously valued the stock a alone. Because he now has disposal over a larger stock, he will now value each unit less than he did before; but how much less will depend upon a whole series of individual circumstances, upon subjective valuations that will be different for each individual.

Once an exchange-ratio between money and commodities has been established in the market, it continues to exercise an influence beyond the period during which it is maintained; it provides the basis for the further valuation of money. Thus the past objective exchange-value of money has a certain significance for its present and future valuation. The money-prices of to-day are linked with those of yesterday and before, and with those of to-morrow and after.

When individuals are exchanging present goods against future goods they do not take account in their valuations of Variations in the objective exchange-value of money. Lenders and borrowers are not in the habit of allowing for possible future fluctuations in the objective exchange-value of money.

It is a good idea sometimes to think of the importance and dignity of our every-day duties. It keeps them from being so tiresome; besides, others are apt take us at our own valuation.

Mark-to-market losses are not real loss. It's a notional loss.

An object—any object—was worth whatever you could get somebody to pay for it.

it didn't matter what the books said, what the experts said, what similar items at Christie's had recently gone for. An object—any object—was worth whatever you could get somebody to pay for it.

So you like seeing a high EPS with a low P/E. Yes. That's the best combination. I am sure there is a way of combining the two on a computer and coming up with a very good system.

An asset is worth what someone is willing to pay for it; and the value of an asset is the cash it will generate over its life.

Collectors are paying for our education by purchasing our art.

averaging the bids to arrive at a final price, the Leon

The value of a business is the cash it's going to produce in the future.

The function of the margin of safety is, in essence, that of rendering unnecessary an accurate estimate of the future.

The term bubble should indicate a price that no reasonable future outcome can justify.

It's nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.

Takeovers wouldn't cause the stock market to rise unless there is an upward reassessment of earnings (potential). People are more optimistic and confident about the future.

Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.

A CFO needs to go beyond being "the finance operations expert" to become a corporate strategist who can enhance the firm's valuation and brand, and win over stakeholders' trust and goodwill.