Use book value as a starting point to try and establish the value of the enterprise.
A lot of companies have lots of assets tied up in plant and equipment. Well, is it old plant, or is it new plant?
Be sure that debt does not exceed 100% of the equity.
I'm a passive investor. There are people who are very aggressive; they try to buy companies.
Ben didn't want to lose money. He had had a rough time during the depression.
I like the idea of company-paid dividends.