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Quotes of the day:
Doctors pour drugs of which they know little, to cure diseases of which they know less, into patients of whom they know nothing.
Discounts for lack of marketability (DLOM) refer to the method used to help calculate the value of closely held and restricted shares. The theory behind DLOM is that a valuation discount exists between a stock that is publicly traded and thus has a market, and the market for privately held stock, which often has little if any marketplace.
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