Originally posted by iamboxing
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There are also stipulations that say things like "if you, mr millionaire, has an inkling the company is failing? you cannot short the stock and, you can sell ____many shares every year. When Enron, an energy services company crashed and burned there were many paper millionaires who could not cash in a share to buy one of beercules grill cheeses!!...without the butter and all!!! Enron was not profitable it was collusion.
So...yes indeed! when someone has a business, or a trademark name that is worth a fortune it makes a big difference because liquidity is often the cornerstone of wealth...and real tangible assets, and as you say, the ability to sustain providing a product or service, is real wealth.
That is why Rich people own businesses... and not sexy businesses like record companies, or promotional companies, but businesses that have real value, assets worth money and a business name trademarked legally.
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