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Only if he sells right now, otherwise he literally hasn't made any money, just his current potential-money (like potential-energy) has increased. It remains to
by prewett 4y ago
Only if he sells right now, otherwise he literally hasn't made any money, just his current potential-money (like potential-energy) has increased. It remains to be seen what will happen in the future. He is also exposed to all sorts of other things, like he could lose a billion dollars of the course of a year because the Fed decides to hike interest rates 4%.
- whimsicalism 4y agoSure, it also remains to be seen what the value of the dollar is in the future. You could lose a billion in real dollars just holding cash. Don't really think it diminishes my point.
- _blz2 4y agoThe volatility in equity prices and dollar strength is not comparable. This analogy is just absurd.