/biz/ - Business & Finance

>>50652254
If you are considering lifespan and capacity for work in the value, that means the vast majority of horses depreciate in value (outside of extreme outliers like horses that are bred to make show horses maybe, but let's say generally they depreciate). Let's also say the guy started out with $70

>has $70, buys horse for $60, thus his net worth is 1.16 good horse buying units
>sells horse for $70, has $80, depreciated horse is now worth $80 in the second transaction when he buys it again, net worth is 1 shittier horse buying units
>sells horse for $90, has $90, horse is now depreciated more, but if the monetary trend continues, the price will cost $100 and he cannot even afford it now

There is no possible way you can look at this and say the guy made money. He started with the ability to buy a good horse with $10 left on the side, and ended up not being able to afford a depreciated horse at all. Everyone in this thread is an absolute moron and it should be obvious why you are poor.

>BUT THE NUMBER WENT UP THAT'S PROFIT!
>NUMBER UP GOOD