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Crazy to think that just $210 billion can buy you 480 companies in the S&P 500. China could easily do that.
by ggg9990 8y ago
Crazy to think that just $210 billion can buy you 480 companies in the S&P 500. China could easily do that.
- tedsanders 8y agoIt can't. $210 billion can buy you any one of 480 companies in the S&P 500. Buying all of the S&P 500 would take roughly $24 trillion. The article's wording on that point was very ambiguous and misleading. I had the same reaction! :)
- ggg9990 8y agoAh ok. Makes more sense.