How do you assess the value of time?From an investors' perspective MBA has always been a real estate company with an educational veneer. In the hottest market ever seen across Canada, but specially in the greater Vancouver area, fortunes have obviously been made (and lost). An investor is entitled to pose the question "if in a hot market my returns are scant then what to expect when the market goes down.?"
The assumption of course is that there is an ingenious underlying formula or business model that requires patience from us. Now patience is golden and doubtless has its virtues; but it also comes laden with hazards.
After sifting through all the accounting jabberwocky and pinpointing the merits of the model the ultimate question still remains. What value......... my time?