Building my Internet Worth
The Carnival of the Capitalists is up at About.com. Check out Jeffrey’s article on the Tulip Mania - a classic example of emotions driving value perceptions.
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Read Carnival update (Links)
Even in the world of business and finance, you’d find that there’s no single measure of value. Would you look at liquidation value, going concern, discounted cash flow or something else? Replacement value? No one else is going to place a value on these like you do.
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Read So what?s it worth anyway? (Links)
Value is relative. Just saw this story over on ABC news - Kyle Macdonald started with one red paper clip, and a dream of getting a home of his own. Kyle himself makes a similar point, in one of his earlier posts : I really encourage you to think outside the box and MAKE AN OFFER for this contract.
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Read Creating Wealth - from paperclips (Links)
For money to be no object - the subject of yesterday’s speculation - you need to have much more money than you’ll ever need to have. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it.
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Read The Value of Money (Links)
Reading through the other PF bloggers on this topic, it resonates. Sure, you’d pay off a few outstandings, maybe add some toys - but then what? | | Where it really makes a difference in what you can do, versus what you HAVE to do.
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Read If Money were no object (Links)
Read Slow and Steady?. (Links)
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