It's only when the tide goes out that you learn who has been swimming naked. -- Warren Buffet, 1993 | Price is what you pay. Value is what you get. -- Warren Buffet, 1996 | There is no formula to figure out (intrinsic value). You have to know the business. ...in the short run, the market is a voting machine; in the long run, it's a weighing machine. -- Warren Buffet, 1996 | Someone's sitting in the shade today because someone planted a tree long ago. -- Warren Buffet, 1996 | Of course the investor of today does not profit from yesterday's growth. -- Warren Buffet, 1951 | Forecasts usually tell us more of the forecaster than of the future. -- Warren Buffet, 1997

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Kathryn Seaman
 
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SOUTHLAND BUSINESS GROUP, INC.
Business Appraisals


Articles and Research


Minimum Marketability Discounts

Valuation of Undivided Interests in Real Property

How to Use LEAPS to Determine a Discount for Lack of Marketability