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Perspective is weird with large amounts of money. I think human brains are just not good at big numbers. You need something to compare it to, and the big number
by CobrastanJorji 5y ago
Perspective is weird with large amounts of money. I think human brains are just not good at big numbers. You need something to compare it to, and the big numbers of other companies still leave it completely abstract.
Perhaps it might work better with a comparison to a person, like "Alphabet made so much revenue this quarter that, assuming they had no expenses, after a full year, Alphabet would have roughly as much money as Elon Musk." But maybe not, because now you've just moved the problem to understanding how rich Elon Musk is.
- woah 5y agoIt's much harder to understand how rich Elon Musk is, because if he tried to sell even a small percentage of his Tesla shares, the value would evaporate. The revenue figures of these companies are more understandable because that is cold hard cash coming in the door
- oblio 5y agoYou might enjoy this: https://github.com/MKorostoff/1-pixel-wealth/blob/master/THE_PAPER_BILLIONAIRE.md https://github.com/MKorostoff/1-pixel-wealth/blob/master/THE...
- lostmsu 5y agoJust recently I saw a headline about former Bezos wife selling $8B of Amazon stock. Does not seem to have affected the price all that much. She is probably going to have to pay $2B in taxes for that transaction.
- soperj 5y agoProbably not since she donates all of it.
- FredPret 5y agoHe actually sold a boatload of TSLA last year [1]. But yes, his wealth is not really expressible in USD. If you tried to acquire a similar stake in TSLA, the price would shoot up and it would cost you more. If he tried to sell all his shares, it would plummet and he’d get less out. 1: https://www.wsj.com/articles/elon-musks-tesla-share-selling-spree-tops-10-billion-11638503278 https://www.wsj.com/articles/elon-musks-tesla-share-selling-...
- deleted 5y ago[deleted]
- klelatti 5y agoOne perspective: Roughly 10c of revenue for every person on the planet every day.
- CobrastanJorji 5y agoMaybe "Alphabet's revenue this quarter was about 3% of San Francisco's real estate."
- kshacker 5y agoMaybe "Alphabet's revenue this quarter was a million times my annual salary" - did not calculate, just saying :)
- sidhanthp 5y agoNot 10c, it's $10 :)