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Equity in Meta is liquid net worth, unless you're a materially important share holder. The stocks you hold right now can be converted into cash easy at any poin
by kotlin2 4y ago
Equity in Meta is liquid net worth, unless you're a materially important share holder. The stocks you hold right now can be converted into cash easy at any point in time. In what world is that nearly equivalent to cash?
- lotsofpulp 4y agoIn the world that the cash (USD) from 2 months ago still buys you almost the same today, but equity in Meta buys you 25% less.
- kotlin2 4y agoA world where your cash is held in British pounds? Why do you accept forex fluctuations but not security fluctuations?
- deleted 4y ago[deleted]
- lotsofpulp 4y agoI do accept the fluctuations, but the risk and magnitude are different.