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Originally Posted by Major Major
Lol, when Edwards looks at his business Holdings, do you think he weighs potential returns against what it was originally worth? Welcome to candy land if so!
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Yea.....that's how investing works. What a bizarre statement.
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I feel he is shrewd enough to look at what it's worth now Vs what it will be worth later.
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I'm sure he does this too. He probably looks at an oversaturated sports market, valuations approaching bubble levels, and an eroding building in a economically stagnant city with no solutions to either of those problems in sight.
Anyway, your original statement was that no one benefits from the team being sold. Clearly Edwards and the owners benefit. Not even debatable.