Business valuation is supposed to be a mathematical calculation of revenue streams, assets and liabilities, simple accounting stuff.

FORBES: Five Reasons Apple Should Split Its Stock And Four Reasons It Shouldn't

However, the VIX is a mathematical calculation, not a tangible, investible asset.

FORBES: Looking To Bet On Volatility? Think Short-Term

On one page there was a complex mathematical calculation of how fast each cell tower could carry data.

WSJ: Mukesh Ambani Plans Huge 4G Wireless Network in India