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Topic	Bezos Surpasses $200B
Zeus 09/03/20 11:07:03 PM #39:	DrPrimemaster posted... Yes, if he sold his stock he would have that much money. Its not actual income. Even if he could offload his entire position -- and thus surrender a controlling stake in his company -- the per-share value would fall so he wouldn't have nearly that much. Honestly, if he tried to dump that much, it would likely tank the stock because investors would assume the worst. _AdjI_ posted... Why do you think this is anything more than a technicality? Do you actually believe Bezos isn't orders of magnitude richer than any human will ever have any need to be even if you only count his liquid assets? That his net worth is not in any way an indicator of the kind of power he holds? No, he doesn't literally have 200 billion dollar bills sitting in a vault somewhere. Nobody actually believes that, as desperately as you seem to enjoy humping that particular strawman. That does not in any way mean that a net worth of $200,000,000,000 is not significant or meaningful, and your insistence on suggesting such nonsense just makes you look like a desperate fanboy hoping that Bezos-senpai will notice you if you spend enough time defending him against people criticising the obscene degree to which he has hoarded wealth. It's terribly silly and you should stop it immediately. Because it's not just a "technicality," it's an important distinction. If Amazon shares rise $20, Jeff Bezos doesn't have that extra money. If they fall $20, Jeff Bezos doesn't have that much less money. And if he tried to liquidate his shares, the price on those shares would almost certainly plummet. As far as wealth goes, stock is more tenuous than other holdings. And I'm sure "Bezos-senpai" is pleased that you're stumping so hard for his ass and promoting him to the moon. Granted, it's not the first time you've stumped for "Bezos-senpai" either. You've defended his propaganda outlet (WaPo) and defended the USPS which has basically served as a government subsidy for his Amazon. And you pretend that owning shares in his own fucking company is "hoarded wealth" to make it sound more impressive than it is. He's not a dragon, he's a mere mortal. --- (\/)(\/)\|-\| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. <cite>Zeus posted [p:944185542] in Bezos Surp... [t:78936036]...</cite> <quote>DrPrimemaster posted... </cite> <quote>Yes, if he sold his stock he would have that much money. Its not actual income.</quote> Even if he could offload his entire position -- and thus surrender a controlling stake in his company -- the per-share value would fall so he wouldn't have nearly that much. Honestly, if he tried to dump that much, it would likely tank the stock because investors would assume the worst. _AdjI_ posted... </cite> <quote>Why do you think this is anything more than a technicality? Do you actually believe Bezos isn't orders of magnitude richer than any human will ever have any need to be even if you only count his liquid assets? That his net worth is not in any way an indicator of the kind of power he holds? No, he doesn't literally have 200 billion dollar bills sitting in a vault somewhere. Nobody actually believes that, as desperately as you seem to enjoy humping that particular strawman. That does not in any way mean that a net worth of $200,000,000,000 is not significant or meaningful, and your insistence on suggesting such nonsense just makes you look like a desperate fanboy hoping that Bezos-senpai will notice you if you spend enough time defending him against people criticising the obscene degree to which he has hoarded wealth. It's terribly silly and you should stop it immediately.</quote> Because it's not just a "technicality," it's an important distinction. If Amazon shares rise $20, Jeff Bezos doesn't have that extra money. If they fall $20, Jeff Bezos doesn't have that much less money. And if he tried to liquidate his shares, the price on those shares would almost certainly plummet. As far as wealth goes, stock is more tenuous than other holdings. And I'm sure "Bezos-senpai" is pleased that you're stumping so hard for his ass and promoting him to the moon. Granted, it's not the first time you've stumped for "Bezos-senpai" either. You've defended his propaganda outlet (WaPo) and defended the USPS which has basically served as a government subsidy for his Amazon. And you pretend that owning shares in his own fucking company is "hoarded wealth" to make it sound more impressive than it is. He's not a dragon, he's a mere mortal. --- (\/)(\/)\|-\| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. </quote> ... Copied to Clipboard!
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