"It's not a crime to think the stock could trade at parity to the sum of its parts--or even at a premium to that, " he maintains.
By the middle of the 1990s, it became obvious that these expectations were overblown and that the endowments would not cover the final sum at the end of a 25-year mortgage term.
Nonetheless, the stockmarket still treats it as a conglomerate, valuing the company at 30% below the sum of its parts.
Because the performance ratio looks at the whole, rather than the sum of the parts, this indicator can take into consideration individual variables that are ignored by current metrics.
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Friedman would have argued to do less and grow the monetary base at a steady rate that is the sum of what you want the long-term inflation rate to be and what you think the long-term growth of the economy will be and then, like the bumper car, take your hands off the wheel and let capitalism and markets do the rest.
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Twelve banks previously agreed to postpone mortgage payments for three to six months without requiring a lump sum at the end of the forbearance period, the state said.
What Zuckerberg, Buffett et al want is to give the government more money, but to do so with at least some modicum of certainty that the sum they help to raise will be large enough to have an impact.
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The second is the sum of money at stake.
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Investors wondering how to play the Internet should ponder this inevitable progression: All revolutionary technology creates a stir at first but ends up absorbed into the sum of human knowledge.
You can include balances in a Roth IRA as part of your emergency fund as well since you can withdraw the sum of your contributions at any time for any reason without tax or penalty.
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Wu, who has a Buy rating on the stock, says he attempted to value the business with a sum-of-the-parts approach, looking at the value of each major part of the business based on the valuation of comparable companies in the public market.
Ernst looks at net income before extraordinary items divided by the sum of common and preferred equity and long-term debt.
McCreery probably pockets only one-fifth of the aforementioned sum at most.
This is by far the largest sum frozen by the Swiss in cases involving former dictators accused of enriching themselves at their countries' expense.
The decision was criticised by district councillor Brian Smedley, who said the sum had come from public funds at a time of severe cutbacks.
Breach of contract for them not paying me an undisclosed sum of money due to me at the time we parted ways, and a few other things named in the lawsuit.
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This case centers on a seven-month period in 2009 and 2010, at the beginning of which Claimant Stirling transferred a large sum of money to new, non-discretionary accounts with Respondent Dowley and his brokerage, all in cash or cash equivalents, with the intention of investing largely in equities, in order for her to profit from an expected upturn in the market.
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And a Twitter post by Ben Kuchera, senior editor for the Penny Arcade Report, may sum up the overall feelings of many about the Wii U -- at least for now.
Though dishes like shrimp dumplings and egg tarts are what most Westerners think of as dim sum, many locals still enjoy the old Guangzhou style, which is served at a number of restaurants.
At the stage of use, GDP is calculated as the sum of final consumption of goods and services, gross formation and net exports excluding imports.
DC, now receives a block grant for welfare (a fixed sum based on the amount it received at the time of greatest need) from the federal government.
It is hard to claim that pyramid-shaped tea-bags (developed at great expense over four years) have added much to the sum of human happiness.
Far from a zero-sum game, where the successes of some come at the expense of others, free economies climb spirals of mutual gain and learning.
No moneylender in his right mind would, at any rate of interest, advance a sufficient sum to buy the necessary items for each daughter: beds, a dresser, trunks, electric fans, dishes, six suits of clothes for the groom, six for the bride, perhaps a television, and on and on and on.
In a profession offering a limited number of powerful slots--100 senators, 50 governors, 1 President--politicians live in a zero-sum world, where the gains of one necessarily come at the expense of others.
Possibly partly at the cost of others (but remember: economics is not a zero-sum game).
But a lump-sum investment at the beginning would have earned you an annual average total return of 3%.
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At least 12 of the companies on the Towers Watson list offered participants lump-sum buyouts or annuity purchases in 2012.
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