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$1,485 sounds extraordinarily small! Sanofi is the 70th largest company in the world [0]. If you have even a few hundred thousand dollars invested in a diversi
by dmurray 6y ago
$1,485 sounds extraordinarily small! Sanofi is the 70th largest company in the world [0]. If you have even a few hundred thousand dollars invested in a diversified way, you probably have more Sanofi exposure than that.
So yeah, if Sanofi makes money, Trump's thousand dollar investment pays dividends, but he was actually underweight in it. It would be more meaningful and equally truthful to say "Mr. Trump has a financial interest in Sanofi's competitors".
[0] https://www.statista.com/statistics/263264/top-companies-in-the-world-by-market-capitalization/ https://www.statista.com/statistics/263264/top-companies-in-...