Recent content by TheProspector

That's completely variable. You can look individual securities in a vacuum (use the book value, say), but were Google liquidating, you're likely not going to get a premium on those 700,000 Dell servers. Compound this with whatever events that would have to transpire to see a liquidation of...

There are a lot of strange responses to this thread. It's really very simple: much of it simply disappeared. Something is worth what someone is willing to pay for it. As liquidity evaporates and there is less demand for it, the value falls. Perhaps the difficulty in comprehension lies in...