Evidence receipt / evaluation
Published · transcript-backedDavid Rosenthal: evaluation
16 Dec 2024 Acquired Mars Inc. (the chocolate story)
“Whatever this is valued at on our balance sheet, whatever it cost us to build this factory 10 years ago doesn’t matter.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 16 Dec 2024
- Publisher
- Acquired
- Episode
- Mars Inc. (the chocolate story)
Transcript context
…It’s effectively an efficiency metric of your profits divided by your fixed cost of your assets. Yup. The textbook way to do it is by the cost of your assets as measured on your balance sheet. The way Forrest does it, though, and the way the company still does it today is no, that’s insane. Whatever this is valued at on our balance sheet, whatever it cost us to build this factory 10 years ago doesn’t matter. What matters is, what is the value of it today? Interesting.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.