Each year Hyatt offers packages of
points at a significant discount.
You'll also see frequent offers to purchase IHG
points at significant discounts; the most recent option expired in December and gave you a 100 % bonus when you purchased at least 26,000 points.
Not exact matches
The flipside of this is that there may be few if any investors
at a given
point in time who are willing to pay anything more than a
significant discount to asset backing.
What we're saying is, is that the value of a company has to do with the current and future profits
discounted back
at an appropriate rate and then wtih a tone of irony, we are saying hypothetically what would it take for that theory to be wrong and advancing the way that we think some investors are investing today; and we think ultimately this is a temporary phenomenon time to time when value investing gets out of focus, people question, hey, is this ever going to work again... I think over time, this is going to revert and value investing which historically has been a terrific strategy is due
at some
point for a
significant recovery».
When rates go up it becomes an inflection
point for people to re-evaluate the assets and look
at it and say, «wow, there are compelling valuations and these assets are trading
at significant discounts.»»