How much does Buffett, Musk and Bezos pay in tax? + Facebook's Legal Tax Avoidance
The Young Investors Podcast
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Getting Rid of Intangible Assets
Tangible book value is a better illustration of what the company could sell all their assets for and then aydown their debts. Whereas intangible assets very commonly are misvalued. Smaller companies love to just pump the intangibles and make them make themselves look better. A lot of that equity equity could be just the fact that the business paid a lot for other businesses, which may not actually reflect too much value if it bad management.
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