09-04-2019, 04:28 PM
(09-04-2019, 04:12 PM)I_C_DeadPeople Wrote: And since he bought up all the shares we have really seen him invest haven't we? LOL
The old Mikey is buying the shares cheap argument is very very old. I dont expect everyone to get how a business is valued but it is what i do for a living.
Think of it this way - if Mikey sold out to a guy like Kraft who then hired the right people and built a decade of high level winning, what do you think the franchise would then be worth? Would it still be 30th?
I own a business. It started with a value of $300K in 2001, now valued in the millions (equity). MB's business adventure (Bengals) started in the millions, now in the billions. Any bank loves MB and loves a business like mine.
Anyone can speculate and say what if, but the reality is if you can take a business and increase its value year over year 7 to 10%, you win. You can't be guaranteed anything in the stock market, strictly bods are fixed and low returns right now, interest rates are extremely low, so great return of 7 to 10%.
Hopefully since this is what you do for a living, you know all of this.
I am so ready for 2024 season. I love pro football and hoping for a great Bengals year. Regardless, always remember it is a game and entertainment.