The Value of Nothing – How to accurately calculate a company’s value
Words from one of Oscar Wilde’s plays, Lady Windemere’s Fan, have often come to mind during my 25 years in finance and business. Wilde writes about two 19th century upper-class Englishmen discussing the intrinsic nature of short-sightedness and cynicism: Mr. Cecil Graham asks, “What is a Cynic?” Lord Darlington replies, “A man who knows the […]
