Connecticut School Shooting

[Shodan]

Hogue slip on grip for her Kahr CW9...

Of course ... what did you think I meant?

[Adam-12]

To be fair, any business has to sell for more than the replacement cost of its inventory. Few of us here would buy widgets for $10, sell them for $12, knowing that it will cost us $20 to replace each one...

A symptom of the depression was that businesses were actually selling for less than book value. In 1932, Ben Graham wrote the article, "Is American Business Worth More Dead Than Alive?" pointing this out. At that time you could buy many companies for less than the cash they had on hand, and then pay yourself back with profit by shutting down.