My boss: How good is your best salesperson if he cannot add value to the book at the end of the financial year? Think about replacing him.
A loan applicant: My property offered as collateral is being undervalued. The adjoining plot has been sold at double the rate.
Me: The adjoining plot has been purchased by a businessman, who will multiply his investment 10X in two years. We will not always find a buyer like him. It is only the distress sale value of an asset that really matters. It’s about being as good as the last deal clinched.