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The concept of present value dates back to the 1700s and is still the foundation of modern business valuation today.
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Blog Highlight of the Month
Blog Highlight of the Month
♫ ...beat it ♫ ♪ ...beat it ♫ ♪ ♪ ♫ ♪ ♪
You might know who won the tax case...but who was really really right?
Whose crystal ball was correct? Hint: you will have to ask Forbes.
→ 17 years after his death
→ 5 years since the tax case settled.
It's time for an update.
♫ ♫ ♪ ..beat it ... beat it... ♪ ♫ ♪ ♫ ♫ ♪ ♫♫...♪ ♫♫
♫ ...beat it ♫ ♪ ♪ ♫ ♪ ♪
♫ ...beat it ♫ ♪ ♪ beat it. beat it. ♫ ♪ ♪
Battle of the Experts: the Estate of Michael Jackson
When two experts are light years apart on the value of just his image. So how much was it worth?
Jacksons' experts said it was worth $2,100. (no, not a typo... two thousand dollars)
The IRS came back and said $435 million (also... not a typo).
..beat it ♪ ♫ ♪ ♫ ♫ ♪
How did the 8-year battle turn out? Who won?
(oh... and he died in 2009. This case JUST settled in 2021. That's one heck of a fight.)
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