He settled with the landowners for an undisclosed sum--which Pemex won't be paying back.
Its shares are currently trading at a discount of nearly 35% to a conservative sum-of-parts valuation.
Which, in an often frenzied world, is not a bad sum-up of a long, serene and melodic life.
The key work variable is zero-sum vs. non-zero sum (both negative-sum and positive-sum).
Hawkins and Cates completed a lengthy sum-of-the-parts valuation of Dell that blasted the founder and private equity shop Silver Lake Partners for low-balling.
FORBES: Dell Buyout: Big Shareholder Southeastern Will Indeed Fight The Deal
Solenne San Jose, from Pessac outside Bordeaux, was invoiced the sum - equivelant to nearly 6, 000 times France's annual economic output - by Bouygues Telecom.
Trading in France at 159 euros a share, the stock is worth 250 euros, according to Marcus, based on a sum-of -the-parts valuation of its underlying businesses.
But London is growing faster than other financial centers, such as Singapore, as a hub for offshore yuan payments, including payments for currency trading, imports and exports, and dim-sum-bond settlements.
It is struggling to attract customers, and has lead many investors to complete sum-of-the-parts valuations: Many believe Sears will either liquidate or that Lampert will buy the small public float that remains.
FORBES: Sears Still Drenched In Red Ink: Q3 Loss Wider Than Expected
If German corporations disclose executive compensation figures, for instance, they typically do so as a lump sum--often in the tens of millions of euros--which includes the pay of all the members of the management board.
Chef Pui Gor of Tim Ho Wan, a cheap, hole-in-the-wall, dim-sum-only restaurant with a cult following, makes a contemporary version of a bean curd skin roll, filling it with light shrimp rather than the traditional fatty minced pork.
The company, now part of the Altria Group and home to Marlboro cigarettes, was hoping the bill would cut the sum - the amount it has to lodge with the court if it is to allow an appeal - by 90%.
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.
That brings a sum-of-the-parts Yahoo!
FORBES: Alibaba's Last Offer to Yahoo! Valued Itself at $23.5 Billion. What's Next?
So we join the rich in beautiful dining rooms, like The Peninsula's Mei Jiang (peninsula.com) where we eat exquisite dim sum - rolled noodles with black beans and chilli, snow pea pastries, roast pork puffs so buttery they're like pig shortcakes - and are treated like pashas.
This realization turns zero-sum games into positive-sum behavior.
Washington sees Social Security reform as a zero-sum gain-if someone gains, someone else loses.
Since then, a lot of us (me included) have started believing that we are returning to zero-sum economics (or even negative-sum economics).
FORBES: Warren Buffett, Peter Thiel and the Return to Zero-Sum Economics
January is often a big month for stock-fund inflows, in part due to lump-sum retirement-plan contributions, says David Blanchett, head of retirement research at Morningstar Investment Management, an advisory unit of Morningstar Inc.
How much will your lump-sum pension value change if the interest rate used to calculate your lump-sum pension value changes?
The second eternal truth: Success is not a zero-sum game, though most academic economists, pundits and politicians act as if it were--maybe because they vie for glory in zero-sum professions. (There can be only 1 U.S. President and 100 senators, for example.) The third eternal truth: The Golden Rule is more than a spiritual truth, it is a business truth.
But if a zero-sum, winner-take-all struggle for leverage is the name of the game, those games seldom conclude as the winners might hope.
Last year, both Ford and General Motors took bold new steps by offering lump-sum payments to white-collar retirees in lieu of a monthly pension check.
FORBES: Ford's Leaky Pension Boat Is A Multi-Billion Dollar Problem
The CFPB is concerned that some loan officers may be promoting fixed-rate, lump-sum reverse mortgages over adjustable-rate loans.
WSJ: Rethinking Reverse Mortgages, Part 2: Pitfalls and Dangers
It would be better to demand lump-sum payments over flexible time-periods.
Variable annuities are a form of life insurance that includes a lump-sum death benefit and tax-deferred investments, often mutual funds, which are supposed to provide income during a client's lifetime.
While preaching free trade, the economics profession helps undermine it with this zero-sum mentality focusing on the so-called balance of trade.
When the sub can't sell a hand-me-down for the sum it expected--known as the residual value--the shortfall shows up as a loss.
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