Wednesday, May 14, 2008
Review May 05
Assets are sellable unless a NPA.
But when Ignoramus stated friends as assets he had not thought deeply then in May2005. (Friendship/relationship or) Contacts are exchangeable. Real, longtime tested, friendships are big assets; in fact some assets are not assessable. If one tries to make a sale out of long term friendships one is certainly to make huge incalculable loses, only to be realized later. Can friendship become liabilities? Sometimes assets indeed become liability; to prevent that assets need security, scrutiny, maintenance, sorting, arranging, improving etc.
Revised statement for May2008 is ‘assets are sellable, even NPAs, but some are non assessable’.
