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How much do you think Jeff could get of that $185 billion liquid? I've always wondered about these ways of calculating net worth, especially ones including sto
by Mistletoe 3y ago
How much do you think Jeff could get of that $185 billion liquid? I've always wondered about these ways of calculating net worth, especially ones including stock. Once they tried to liquidate even a small amount of it, the price would crash as you go lower and lower to find buyers and word gets out you are trying to sell.
https://www.investopedia.com/terms/m/marketdepth.asp https://www.investopedia.com/terms/m/marketdepth.asp
I'd like to see a list of wealthiest individuals based on diversified liquid assets they could reasonably be expected to sell. I always imagine it is some old family that has gold, commodities, treasuries, stocks, real estate, etc. etc.
- mschaef 3y agoOften times, people with this sort of wealth will extract value by borrowing against the stock as collateral.
- sethev 3y agoAmazon wouldn't be worth less if someone else owned it and he only owns 10% of the company. So all of it.
- Mistletoe 3y agoI disagree with both points. I do not think Amazon stock liquidity could absorb 185 billion in stock sales. Elon sold about $23 billion in Tesla stock from April 2022 to December 2022 to buy Twitter and my memory was the stock going from about $400 to $100 that year. Of course there are other factors in the decline but it’s certainly a component of it. Bezos would need to sell almost 10x that much.