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> “Equity is critically important because it is the thing that everybody has in common. Since everyone benefits from an increased share price, everyone tries to
by chris_7 10y ago
> “Equity is critically important because it is the thing that everybody has in common. Since everyone benefits from an increased share price, everyone tries to increase the share price.
I don't understand this. I have equity. I don't care about it, since I value it at ~$0.
- brianwawok 10y agoDid you take a pay cut to get it? If you didn't, good job. If you did, you valued the equity at market rate - actual pay, conscious or not.