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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (10094)	1/27/2006 5:06:48 PM
From: neolib	Read Replies (1) \| Respond to of 542160

A very good example. Thanks for providing it. I must not have made it clear enough :) You might want to think of Elvis, or M. Monroe as examples of revenue streams following death. IIRC, someone tried to copyright or patent Monroe's voice for use in commercials, and there is interest in doing that with other celebs. The point is not that the asset eventually becomes worthless. Most do. The question is whether the asset has value when you inherit it, and for a long enough period of time to be useful to you, whatever that might be. This might be the case for both a company or an individual, if the individual had a stock worth which is tradeable. Both the company and the individual will eventually decline, but that is not necessarily of great importance in the short term. Imagine buying some stock in a HS dropout kid that goes on to become a top NBA star. Such a market might make tech stocks look tame by comparison. I see no reason why it would not work. The fact that at some point his game will decline does not even mean his revenue stream will if he manages it correctly, and further it need not end at death either for similar reasons.