How do we value a digital company like Facebook or Amazon that has negligible tangible assets?
I'm sorry but new era thinking has never ever worked. See 1928, see 2000. Yes assets can be valued differently, earnings however not. A dollar earned is a dollar earned. Free cash flow is still a very good metric.
I'm sorry but new era thinking has never ever worked. See 1928, see 2000. Yes assets can be valued differently, earnings however not. A dollar earned is a dollar earned. Free cash flow is still a very good metric.