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What's "cash"? A marketable security? I'm insanely poor by these standards but wealthfront will front me hard cash using my account as collateral with one clic
by dillondoyle 5y ago
What's "cash"? A marketable security?
I'm insanely poor by these standards but wealthfront will front me hard cash using my account as collateral with one click i think up to 30%. Super cheap interest rate.
Bezos has way more favorable banking. Even if he was 'only' worth $10-15 billion I bet he could get 2-3 billion in hard cash overnight.
He might not hold a lot of cash, but he doesn't need to he can get it immediately without selling.
- inter_netuser 5y agoNot just that, he could trivially offload 15 billion without price moving at all. Tons of private equity M&As have happened at much larger valuation.