In a recent post on LinkedIn I remarked that Capital Asset Management™ is the art and science of making sure there are no bad surprises. Many people seem to “like” that notion but it also gives rise to questions. It is not intended to become just another buzzword, so let me explain more fully – something I love to do as an author!
Cost and value are not the same thing at all. Cost is what you pay. Value is what something is worth.