Handling an estate sale, depending on the circumstances, can be (very) hard for Realtors. That’s especially true if they are close to the family. But, at least one part is easy: setting a price on the home’s value as of the date the former owner (“decedent”) passed away. The heirs typically need that value for...Read More
Putting a Premium on Potential — and Discounting the Present Any would-be stock market geniuses first have to wrestle with this seeming conundrum. Newly-public Twitter has negligible revenue (never mind earnings), but is valued at an astronomical $32 billion. The rationale? The revenue and earnings will come later. Meanwhile, Apple Computer’s $40 billion(!) in net...Read More
