4 ms·
> A notional profit of $500 million in 24 hours isn't too shabby. It's not a 24 hours profit. He didn't buy that stock yesterday, nor could he have without mak
by mapleoin 13y ago
> A notional profit of $500 million in 24 hours isn't too shabby.
It's not a 24 hours profit. He didn't buy that stock yesterday, nor could he have without making the price go a lot higher than 70$. You can't judge his profit on the short term.
- mikeyouse 13y agoThat's why I called it a notional profit and repeatedly referred to his net worth as 'on-paper'. Was that not obvious? It's clear he doesn't have an extra $500mm in a checking account.