On 1/22/2016 12:53 AM, Tony Cooper wrote:
On Thu, 21 Jan 2016 20:29:40 -0800 (PST), Rich A
wrote:

A New York artist and stock trader lost tens of thousands on stock trades lately so she drew the stock lines of her trades as black lines on white canvas
and sold a dozen of them for $10,000/ea. I honestly don't care what statement she was making, they weren't worth $10k each, but at least she made up for her losses.

My daddy always told me the worth of something is what a willing buyer
will pay a willing seller.


That is the IRS valuation standard too, with the additional statement,
which I will paraphrase: with neither being under compulsion to sell or but.

--
PeterN