Today, virtue has a street value that even the most hard-nosed of Manhattan are beginning to acknowledge.
ECONOMIST: The pillorying of the financial species continues apace
Its street value was more than one months' worth of Suriname's legal exports.
The street value of the Myanmar currency, the kyat, fell last year by more than 80%, reaching 380 to the dollar at one point.
The problem was no bells rang on Wall Street when the market value line approached the replacement value line on your chart.
Mayer needs to expose that value to Wall Street and build for the future.
FORBES: Marissa Mayer's Upcoming PR Play: Build CEO Brand, Talk Yahoo Turnaround
The Epicurean Dealmaker is right: Wall Street bankers create some economic value.
Being a value investor in the Graham and Dodd style, Levy would like to own shares of a company whose products are in great demand, but only if that company is selling on Wall Street at lower than replacement value.
There is no graph of the cyclically adjusted price-earnings ratio, another valuation measure, in its presentation book, although the subject did arise in questions at the conference: David Kostin, a strategist, said Wall Street was slightly above fair value on this measure.
These find that, when the ratio (suitably adjusted to take care of accounting discrepancies) moves far above one, equilibrium is indeed eventually restored not, however, by a surge in the replacement value of companies' assets but by a correspondingly dramatic fall in the value that Wall Street places on them.
But Wall Street valued Sony incorrectly for the same reason that Sony continued to misunderstand its own value: In 2000, Wall Street and Sony both believed that Sony was a device maker and that ever-improving devices would rule the world.
It sells at a 21% premium to Green Street's estimate of net asset value.
But the insidious culture that allowed Wall Street firms to peddle securities of dubious value to pension funds and charitable endowments remains largely in place.
This crisis produced a big fall in the value of American companies on Wall Street.
We can certainly expect more esoteric, low value, high costs ETFs from Wall Street down the road.
FORBES: ETFs Are Friendly On Fees But Not Always Your Best Bet
While the dividend cut was expected, the management changes and the possibility of a dilutive equity raise (under book value) was not expected by The Street.
For starters, the idea that value creation is a one-way street from the top to the bottom is not just offensive, but it ignores the principle of comparative advantage, a key breakthrough in market theory.
Wall Street has lost more than a fifth of its value in the past 10 trading days and is heading for one of its biggest weekly falls since the Dow Jones index was created 112 years ago.
Washington Mutual has had an erratic few days, losing more than half of its value in the last week, as Wall Street collapses around it.
In order to make sense of this combination of growth and value, one could easily presume that Wall Street pros know something negative about the company in question that keeps them from buying the stock.
FORBES: Why Chinese Value Stocks Get No Respect On Wall Street
In some cases, only street addresses are listed, information that could effectively depreciate the value of whole buildings.
Goldman is one of the few Street properties that sell close to 1.3 times book value, now considered a hefty premium.
Green Dot lost over 60% of its already post-prime value last summer and NetSpend was never a Wall Street darling with its check cashing distribution partners and second fiddle position.
But he has written down the value of Dow Jones, owner of the Wall Street Journal - and he lost a fortune on the sale of MySpace, one of the original social networks.
At face value, Bernanke and the rest of the Easy Street Irregulars would have us believe that QE2 is about creating juuuuussssst enough inflation for at least one person in this country to want to hire one other person.
Wall Street, most spectacular of all, has more than doubled in value.
The tax hit, the company reportedly said, would be the equivalent of the total value of its seven-year lease on its Townsend Street headquarters.
FORBES: Zynga Threatens To Leave S.F. For The Valley Over Tax Issue
"There's not a lot of value, potentially, for any of those locations, " Green Street's Mr. Lachance said.
Wall Street has already passed judgment on this, lopping half a trillion dollars in market value from eight giants the past year (Apple, Hewlett-Packard, IBM, Dell, Compaq, Gateway, Intel and AMD).
Third, reputation is an asset like any other asset and Wall Street along with its corporate brethren should persistently look at reputation in terms of competitive value and direct return on investment.
FORBES: Wall Street's Prestige: The Less There Is to Go Around, the More Valuable It Gets
应用推荐