How to Valuation a Business

We have some businesses that use significant amounts of cash. But in relation to the resources available, we have to come up with new uses,. New ways to use cash. And that makes for a more difficult valuation job. We've got very good businesses and both directly and partially owned. Those businesses are going to do well for a long, long time. Sometimes we have good ideas for that cash and sometimes we don't. That does make your job more difficult in terms of computing and intrinsic value. If you were able to trade your portion of your portfolio at least in a tax exempt fashion like 401K plans or in Canada the RSP plans, would you possibly trade more actively? Probably you