Long (or Long Position)

  

Categories: Stocks

Being "long" a stock means that you own it, presumably believing that it will appreciate in value.

Think: Joe Montana to Jerry Rice in another era. Own the catch. Be long. (Isn't that Viagra's new ad campaign?)

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Finance: What is Fair Market Value?3 Views

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Finance a la shmoop what is fair market value? double bubble toil and trouble [Man casting a curse]

00:09

what is the fair price of this pile of rubble so this term revolves around the

00:16

notion of fair like what is fair and by the way who told you the world was fair

00:22

anyway all right but financially fair or at least fair market means what the

00:28

market will fairly and legally pay for an asset that's fair and so that means [Man discussing financial fair]

00:35

fair as in not cash from a Somalian warlords leather briefcase but rather

00:42

fair as in the legitimate selling price of this excellent two-bedroom three-bath

00:46

shoebox in Palo Alto selling for 3 million dollars today for something to

00:52

be "of fair market" the buyer has to be knowledgeable and

00:57

unpressured i.e the somalian warlord does not in fact have a gun aimed

01:02

at the buyers head or any other body part and generally speaking [Gun aims at buyers body parts]

01:06

the market itself has to be a legitimate market like real estate or jewelry or

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stocks or bonds or whatever if it's an illegitimate market well it's a probably

01:15

wondering why it was born out of wedlock so you can't do that

01:18

when you assess fair market value things have to be legal and liquid and well

01:23

fair whatever the market will pay for it that's the fair value [Hand dealing out cash]

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