In my last blog, I wrote about Verizon acquisition of Yahoo. Ref: http://ganesansenthilvel.blogspot.in/2016/07/yahoo-verizon.html
With my financial market background, I did a fair analysis on Yahoo market history. We got to learn a lot as an individual and as a firm.
In 1998, Yahoo had the chance to buy Google for $1-2 Million in its nascent years ! They said Google's PageRank ain't worth the pennies !
In 2002, Yahoo had the might to buy Google for $5 Billion. They said Google is overvalued !
In 2008, Microsoft proposed to acquire Yahoo for $45 Billion. They said they are undervalued !
Now, Yahoo got sold to Verizon for a mere $4.8 Billion while Google is valued at over $500 Billion.
Moral: Never underestimate others and overvalue yourself ! You lose your own value in the process !