Tuesday, December 29, 2009

Knowledge Economy

Nowadays when the economy is in a flux and chaos, even banks can go bankrupt, many businesses going up and down. Everything is changing even the eyes of investors...In the past, they were looking at potential billings, but now even billings are not stable as the market condition changes. Thus they now look at asset value of a company, e.g. intellectual property, human capital, expertise, creativity.

Also to add on is that I learnt that owners don't sell good businesses, so it's good to look in-depth rather than to be superficial...

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