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"Valuations for Wynn are definitely still a concern".
"People talked about extended valuations for some time, and many investors paid no heed.
"Clearly, sky-high valuations for unproven companies aren't unheard of in the Valley.
Valuations for smaller companies are increasingly irrational but the market as a whole is less frothy.
In such cases, two counterparties may submit differing valuations for valid reasons".
That's about on par with valuations for the broad market at the time.
And valuations for both are attractive: both are trading at about 1.3 to 1.4 times book value.
It has also paid almost £27 million above its valuations for half the land and property it has purchased.
Its historical annual returns, excluding current unrealized valuations, for the period 1987 to 2009 have been above 30percentt.
Earlier this year, people were saying the selling was healthy because valuations for many of these companies made no sense.
"That investment is supportive of valuations, for returns and for markets, and that is good for all investors".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com