LogFAQs > #928711554

scar the 1 posted...

OnWingsOfMisery posted...

Essentially I'm just showing you that you were wrong. Your argument is mathematically incorrect.

No one who is building wealth simply takes their money and puts it under their mattress. It would be childish to assume that. None of the billionaires did that. They built platforms that enable countless other products and services to be sold.

Lol, it's mathematically very correct. The only way you could work your way around it was by violating the only condition, a daily net gain of $3000.

Ultimately you're just showing that you don't understand the point of the example - that even if you make a huge amount of money daily, it's impossible to reach a billion in a lifetime. It illustrates how absurdly much a billion is, and how much more it is than any single individual needs.

No one makes a billion in straight cash. The billionaires don't have their billions as cash just lying around. Their billions are in shares of their companies and other assets that are not liquid.

Your example is very ignorant to basic wealth building principles and doesn't actually show anything important. In order to have a billion, you need to build and invest into things that go up in value.

I could come up with a similarly ridiculous example like yours using someone who earns $1 a day and how they'll never get to a million dollars, but no one engaging in good faith would accept that this example is good commentary.