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Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook's value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years.
Didier Sornette
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"Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook's value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years."
— Didier Sornette #changegrowth

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Economic theory dictates that the value of a company is basically the present value of its fut…

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Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook's value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years. — Didier Sornette

About Didier Sornette

Didier Sornette was a Scientist from France (1957–2006).

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Frequently Asked Questions

Who said "Economic theory dictates that the value of a company is basically the present v…"?
This quote is attributed to Didier Sornette, a Scientist from France.
When did Didier Sornette live?
Didier Sornette lived from 1957 – 2006.
What is this quote about?
This quote touches on Change & Growth. Browse more quotes on these themes from the categories page.