It’s not as insane because there is a significant difference between liquid and illiquid assets in how these can affect the world. However, regardless of how it compares, people owning more than a billion is one more sign our global economic system is very broken (and trillion even more so).
Elon isn’t hoarding cash
Owning 1.3T of anything is a hoard by definition. I would be surprised if anyone at any time in history has ever owned a trillion of anything
So no one is own to own a company? Because that is all his wealth. It’s stock shares.
No one person should have that much wealth. Correct.
It’s crazy that you think someone can’t own a business
somehow =
what a fucking idiot
He doesn’t have a trillion dollars. Are you an idiot?
Come back to the comment in four months.
Yes, I can see the future.
Genuinely asking what’s the difference?
Like sure liquid $1T would be insane for one person to have, but a $1T company is equally as insane
A 1 trillion company trading at 350 p/e tells you everything you need to know about how liquid the market would be if he tried to sell it all
It’s not as insane because there is a significant difference between liquid and illiquid assets in how these can affect the world. However, regardless of how it compares, people owning more than a billion is one more sign our global economic system is very broken (and trillion even more so).