Quoted from jgentry:
I thought bm66sle was crazy but I figured to each their own. Supreme was a crazy small run. A reskinned seawitch for 10k for the base model is a different level of crazy. No amount of cheaply done bling features can justify that.
If you’ve spent any time reviewing company financial statements, you recall seeing the term good will. This is commonplace and it can be used to gross up assets and allow a company to build an offsetting liability. Good will can also be used as a black box to generally define all that cannot be explained. So a $10k prem might be valued as $7.5k plus $2.5k of good will or FU.
You are suggesting Stern and Kapow would like to maximize the size and impact of their FU. And I’m ok hearing that, but I choose not to participate.