ajhough

Mark-to-Market vs. Mark-to-History

At one time, one could not remove certain assets from ones balance sheet at all, ie. "free will" and carried real estate on the balance sheet at the purchase price (no mark to market there). However, the mark to market rule on long term assets makes not sense. Discount the cash flow and one can fine a more "rational" value to an asset. We used the dividend discount model for years to evaluate the value of stocks. In addition, the naked shorts and the discarding of the up-tick rule is just greed by the uncontrolled markets. This whole thing simply smells of greed and disregarding of the real investors.