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One wonders how they can buy private jets, luxury cars, and mansions with their modest liquidity, right? It's as if they could extract their wealth over time an
by ASalazarMX 2y ago
One wonders how they can buy private jets, luxury cars, and mansions with their modest liquidity, right? It's as if they could extract their wealth over time and not all of it at once, so the remainder doesn't lose its value.
- dzhiurgis 2y agoDo you have any data how much they’ve actually spent? Perhaps much better metric to use when crucifying.
- ASalazarMX 2y agoActually, a comment linked to an alternate visualization which debunks the Paper Billionaire argument with great sources. https://github.com/MKorostoff/1-pixel-wealth/blob/master/THE_PAPER_BILLIONAIRE.md https://github.com/MKorostoff/1-pixel-wealth/blob/master/THE... Remember when Jeff Bezos sold 4+ billions of Amazon stock in 11 days, and it didn't crash? Pepperidge Farm remembers. https://www.cnbc.com/2020/02/11/jeff-bezos-sold-4point1-billion-worth-of-amazon-shares-in-past-week.html https://www.cnbc.com/2020/02/11/jeff-bezos-sold-4point1-bill...