In order to establish value, knowledge of price is essential. I would add a couple common financial measures as well.....return on investment and internal rate of return....for the non-financial you an add in personal utility - harder to measure but good to know.ngineer wrote: ↑Fri Feb 03, 2023 5:32 pm [quote="Mountain Hawk" post_id=51359 time=<a href="tel:1675289990">1675289990</a> user_id=416]
[quote=ngineer post_id=51355 time=<a href="tel:1675280885">1675280885</a> user_id=77]
As Wilde referenced, a lot of people know the price of everything and the value of nothing, and our current state of affairs reflects that.
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Many things of value have no price.
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That’s why I mentioned personal utility. Try to keep up.ngineer wrote: ↑Fri Feb 03, 2023 5:32 pmMountain Hawk wrote: ↑Wed Feb 01, 2023 5:19 pmIn order to establish value, knowledge of price is essential. I would add a couple common financial measures as well.....return on investment and internal rate of return....for the non-financial you an add in personal utility - harder to measure but good to know.
Many things of value have no price.