--- In FairfieldLife@yahoogroups.com, "shempmcgurk" <[EMAIL PROTECTED]> wrote: > --- In FairfieldLife@yahoogroups.com, "Cliff" <[EMAIL PROTECTED]> > wrote: > > No is the correct answer, as far as I'm concerned. But there > > are donors out there who I'm sure will swear on a stack of > > Gitas that this will be the safest, most secure investment of > > all time. And then they'll conveniently forget when the bonds > > default. > > > > What discount rate would you assign? > > > Whatever the net value of the TMO assets are and then the discount > rate would be whatever that amount is as a percentage of the $600 > billion. But that's assuming those assets will be in existence at > the time the bonds come due which is when? 20 years? > > Who knows what the net value of the TMO assets will be > then...probably zero...so you're probably right: they're worthless.
Quick, what's the net value of the World Peace Fund that Bevan manages? ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/JjtolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
