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Patek Philippe

what's more important than the actual number ...

 

Is the steps taken to arrive at the number.  I mentioned those steps, so that others can evaluate the assumptions along the way.  That way, someone can evaluate the estimates in the context of those assumptions and make their own informed estimate.  Also, as new information is discovered, it allows revisions to be made to get more accurate numbers.  But, when you just pull a number out of the hat, there is not mcu you can do with that number.
Eric von Schonberg

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