• Phantaloons@piefed.zip
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      1 hour ago

      it’s crazy to have 1.3T dollars

      somehow =

      it’s crazy to own a business

      what a fucking idiot

    • klankin@piefed.ca
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      3 hours ago

      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

      • krisevol@lemmus.org
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        2 hours ago

        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

      • qaz@lemmy.world
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        3 hours ago

        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).