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Ex ante and ex post value approaches explained, Adam Livingston notes

Ex ante and ex post value approaches explained, Adam Livingston notes
Defining ex ante and ex post value

Adam Livingston discussed the distinction between ex ante and ex post economic value in the context of contractual claims. Ex ante economic value is described as the present economic value of a contractual claim, taking into account possible future outcomes, their probabilities, timing, and risks. By contrast, ex post refers to what the actual contractual waterfall produces.

Livingston has previously examined alternative frameworks for asset valuation. He noted that Bitcoin treasury companies can have zero NAV while still retaining valuable common equity. In earlier coverage, Livingston also reported on JPMorgan’s formal analysis of Bitcoin’s long-term performance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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