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nachox999

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Sure, what I'm getting at is that in your hands, or in the buyer's, the value can go to zero or multiply. If they buy, it's because they assess that the chances of it multiplying are greater than it going to zero. Why sell in that case?

I believe the complete opposite. If someone is willing to buy your business, no matter the amount, it’s because it’s worth MUCH more than what they’re paying. It’s illogical for them to pay less than its real value. It’s even illogical to think they’d pay exactly what it’s worth. Why would somebody bother buying a company if they were only going to break even?

"we can understand what they valued so much that they were willing to sacrifice long hours or scarce resources to get it."

well, those long hours must have been boring as hell. I don't think they felt it was a great sacrifice

Talent 9 months ago

it's isn't just a lenghthy blog post, it's a great article

It appears to me unnecessary to say much about the terrors of death. The subject has been sufficiently enlarged upon by various writers; besides, every one knows and feels for himself that life is sweet and death is bitter. However old a man may be, however broken in health, however miserable his circumstances, the thought of death is an unwelcome one. There are three principal reasons why all sensible people fear death so much:

First, because the love of life, the dread of death is inherent in human nature. Secondly, because every rational being is well aware that death is bitter, and the separation of soul and body cannot take place without inexpressible suffering. Thirdly, because no one knows whither he will go after death