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<blockquote data-quote="Caustic Burno" data-source="post: 1639506" data-attributes="member: 694"><p>The only person your fooling is yourself.</p><p>Brute the retained heifer has no value unless sold. She is not a revenue generating asset for two years . She is a liability until she produces a live calf to sell. Of course they all have 100% live salable calves. Now if she craps out. Now if you cull her she is a profit to be taxed. You have more assets not more net worth unless your bank account increases. Neither are generating income for two years that's a liability. Your business model using Wall Street is buy high sell low.</p><p>You can add a 100 cows if they are not producing that's a a liability not an asset till sold. That's money outflows not in.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 1639506, member: 694"] The only person your fooling is yourself. Brute the retained heifer has no value unless sold. She is not a revenue generating asset for two years . She is a liability until she produces a live calf to sell. Of course they all have 100% live salable calves. Now if she craps out. Now if you cull her she is a profit to be taxed. You have more assets not more net worth unless your bank account increases. Neither are generating income for two years that’s a liability. Your business model using Wall Street is buy high sell low. You can add a 100 cows if they are not producing that’s a a liability not an asset till sold. That’s money outflows not in. [/QUOTE]
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