The value of its assets rose 20.7 percent last year.
"People want to know what the value of a company's financial assets are."
Share prices are now far lower than asset value for many companies.
In other words, the company's debt may be as high or higher than the value of its assets.
The net asset value at the end of last week was $8.66.
Its net asset value per share last week was $9.74.
The books show a current asset value of four hundred dollars.
"They will be under pressure and motivation to keep the value of their assets or add to them."
He put the value of tangible assets at $140 million.
The total value of assets under management fell 11 percent in the quarter, to $806 billion.