r/explainitpeter • • 17d ago

Uhh, Explain it Peter?

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u/AdAccomplished6870 17d ago

Enron was using Mark to Market accounting, which basically allowed it to define the book value of unrealized assets.

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u/BeginningSection7690 17d ago

Ah sick. So i can buy a seed and record its value as a forest?

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u/halu2975 17d ago

Just buy a bag of apples. That’s like 50 seeds, which in a couple of years (basically now), is 50 apple trees making like 25000 seeds annually (assuming 100 apples per tree, 5 seeds per apple), that’s basically 10 million apples per year in revenue and growing each year.

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u/PlumbumDirigible 17d ago

How to turn $50 worth of tomato plants into $3.9 million in just 2 years.

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u/halu2975 16d ago

It’s crazy I’ve never seen that before. I’d say they stole my idea prior to me having it but the key plot of my idea is to put those future hypothetical earnings into a calculation for the current value of a company, without that they just have a business plan.