/biz/ - Business & Finance

[Anonymous No.18776471]

What's your answer to this?

[Anonymous No.18776493]

>what is inflation

[Anonymous No.18776495]

>>18776471
If you bought 180k Link from the ICO til today you would be richer than Bezos

[Anonymous No.18776506]

I’m not a fan of this bald fuck but there’s a concerted smear campaign against him

[Anonymous No.18776517]

>>18776471
Or you wouldn't be as rich as Jeff Bezos ex wife

[Anonymous No.18776538]

>>18776471
why don't you tell us the daily cash amount that does equal Bezos wealth then, you fucking faggot? what kind of shit is this. stupid fucking meme image.

[Anonymous No.18776570]

>>18776471
that might not be accurate after stonks went kaboomboom

[Anonymous No.18776668]

>>18776471
>Bezos has all of his wealth in cash that he could just give to poor people without crashing his own company's stock

God I fucking hate retards who bitch about Bezos, the man is a filthy rich psychopath but most of his wealth is tied to assets that would dump hard if he tried to liquidate it all into cash and probably crash the economy if he tried to do it, ruining more lives in the process than he'd help.

[Anonymous No.18776670]

The rich deserve their money. And it's human nature to serve one's superiors. If you disagree you're anti American and will hang on the day of the commie purge.

[Anonymous No.18776700]

Normies HATE Bezos but they worship people like Jobs and Musk. Normie also shop almost exclusively at Amazon, are oblivious to the federal reserve, continually buy into the stock market ponzi, think bitcoin is a scam, worship facebook / social media, are happy to give up their rights and privacy, etc.

Normies made Bezos and other billionaires rich, they should be mad at themselves.

[Anonymous No.18776705]

My answer to this is that capitalism is based and redpilled and poorfags will seethe.

[Anonymous No.18776718]

>christ
>born

[Anonymous No.18776720]

>>18776471
and the scariest part is, hes not the richest man in the world

[Anonymous No.18776735]

737,544 days since Jesus was born
180k/day given you 67.5mm/yr, divided by months in a year that's 5.475mm/mo.
5.475mm/mo and investing in diversified stocks you should be close to average of 10%/yr.
2020 years of 5.475mm/mo at 10% per year is... Idk because it cuts me off at 1,000 years giving $11,766,863,614,508,906,171,533,254,756,202,962,846,100,106,627,776,512.00, which is waaaaay less than how much Bezos has because that's not even half the time sinc Jesus was born.

[Anonymous No.18776759]

>>18776720
He is the richest but there's a fat, elephant - sized asterisk next to his name for that title

[Anonymous No.18776776]

>>18776471
"Okay".
What am I supposed to say, the guy isn't robbing anyone, he just owns shares in a company that everybody likes.

[Anonymous No.18776807]

>>18776759

If by "richest" you mean the individual the most easily valuable, publicly known assets.

[Anonymous No.18776819]

>>18776718
>christ
>born

[Anonymous No.18776821]

>>18776471
I fuck hotter women

[Anonymous No.18776841]

>>18776506
There isn't, when Gates was the richest man on earth he was the one they used in all the examples.

>>18776493
the dollar didn't even exist in Roman times what are you even saying

[Anonymous No.18776857]

>>18776570
He's actually worth $150 billions now

[Anonymous No.18776898]

>>18776471
that commies deserve the rope

[Anonymous No.18776905]

>>18776807
I said there's an asterisk next to his name. What do you think I meant by that?

[Anonymous No.18776913]

>>18776668
No one actually implied that, you're arguing with some imaginary moron.
btw your assets being illiquid don't matter much when you can get any loan you want based on your net worth.

>>18776735
>investing in diversified stocks you should be close to average of 10%/yr.
lmao

[Anonymous No.18776937]

>>18776471
>comparing someone's wealth to an arithmetic progression rather than a geometric one
Not gonna make it

[Anonymous No.18777005]

>>18776937
>>18776735
The entire point of the comparison was to show you only get ultrarich through inflation, interest and speculation, it's literally impossible through "honest work".

To be fair if you're making 180k A DAY you're probably not doing "honest work" either.

[Anonymous No.18777027]

>>18776913
>imaginary moron
You really think that the average normie who complains about Bezos understands the difference between net worth and money?

[Anonymous No.18777036]

>>18777005
Interesting. Do you have any way to help us realize water is wet? Always wondered about that one but there's no good simple models or ways to conceptualize it.

[Anonymous No.18777072]

>>18777036
If you made 180k droplets from the day jesus was born to today you still wouldn't be as wet as aquaman

[Anonymous No.18777111]

except he could only get like 3 billion from his stocks

[Anonymous No.18777115]

>>18777027
Then again their instincts aren't necessarily wrong, Bezos does liquidate billions a year, in particular to pump his vanity space project.
>>18777036
This image is meant to wake up dumb normies, yes. Don't know why it was posted on /biz/ particularly.

[Anonymous No.18777144]

>>18777111
If I had 3 billions I'd definitely trade them for even 10% of Bezos' shares.

[Anonymous No.18777241]

>>18777144
>P/E over 100
>price to book over 14

amazon could literally drop 80% and still look somewhat overpriced.

[Anonymous No.18777248]

>>18776759
>>18776720
who is the richest

[Anonymous No.18777305]

>>18777005
>"honest work"
You mean wagecucking every day for a flat amount and then throwing it into a savings account? Yeah no shit you're not gonna make it.

[Anonymous No.18777315]

>>18777241
Amazon could literally drop 80% and I'd still trade 3 billions for all of Bezos' shares. In fact, it'd have to drop 98% before I regret it (assuming his $150 billions are all Amazon.)

[Anonymous No.18777316]

>>18777072
Why even live then bros

[Anonymous No.18777374]

>>18777305
Note that in this absurd comparison "wagecucking" means making over $5 millions a month, not working a mcjob.

[Anonymous No.18777408]

>>18776670
/thread

[Anonymous No.18777414]

>>18776471
>>18776493
>>18776495
>>18776506
>>18776517
>>18776538
>>18776570
>>18776668
>>18776670
>>18776700
>>18776705
>>18776718
>>18776720
>>18776735
>>18776759
>>18776776
>>18776807
>>18776819
>>18776821
>>18776841
>>18776857
>>18776898
>>18776905
>>18776913
>>18776937
>>18777005
>>18777027
>>18777036
>>18777072
>>18777111
>>18777115
>>18777144
>>18777241
>>18777248
>>18777305
>>18777315
>>18777316
>>18777374
have the mods just given up at this point?

[Anonymous No.18777420]

>>18776471
no question was made.

[Anonymous No.18777442]

>>18776471
My answer to that is that your statistic is shit. If you earned $500,000 a year from modern humans first day on Earth you still would not have as much as Bezos. Do the math.

[Anonymous No.18777446]

>>18776898
>Bezos owns the Washington Post, donated heavily to the Democrats, progressive causes & pushes fake-Socialism & regulatory capture
>"muh communism bad, he's based"

Anyone defending this guy deserves gassing, especially boomer retards who look up to someone that's overtly their own enemy.

[Anonymous No.18777455]

>>18776471
Omg wow that's crazy

[Anonymous No.18777460]

>what is having most of your net worth in a company's stock

[Anonymous No.18777481]

>>18777446
>Not real socialism

Wow. You guys are a parody of yourselves

[Anonymous No.18777500]

>>18777414
They do it for free and are very proud of their job. Still it's a difficult and highly technical job, give them some time geez. His moms probably still helping him wipe. Hot pockets are not particularly high in fiber and it's hard to reach in there.

[Anonymous No.18777514]

>>18776471
>What's your answer to this?

>oh yeah? fuck you!

[Anonymous No.18777526]

>>18777481
He wants you taxed to death in the name of "socialism" to pay for Amazon's infrastructure and externalities,

[Anonymous No.18777557]

>>18777442
Not even going to bother but OK, 500k/ since the dawn of man. Let's be conservative and just shoot for bonds and 4% returns each year. There's not this much money in the universe. How can Bezos have more than that?

[Anonymous No.18777576]

>>18777557
It's funny because you always add on returns to your calculations but you never account for taxes or living expenses.

[Anonymous No.18777602]

>>18776471
If you had earned $180,000 every day from the day Christ was born until right now, you would have $8337505619716498130483464199095334578575941492684239, because of compounding interest (5%). This is significantly more than Bezos has.

[Anonymous No.18777632]

>>18777602
Interest was illegal for much of history, unless you were biblically privileged.

[Anonymous No.18777652]

>>18777576
Fine. Long term taxes that aren't paid until cashing out thousands of years later. $15/week up until they get off the silver standard. Switch it to 20k/yr at that point. We still have more money than exists in the universe. How does Bezos have more than this? He does not even have to account for thousands of years living expenses.

[Anonymous No.18777776]

>>18777652
>Long term taxes that aren't paid until cashing out
Oh no no no. Think you can dodge income taxes while making 500k a year? Or if we want to be historical, and let's say we're in the middle east like Jesus and Bezos' ancestors, then you'd be paying 10% (or 20%, I forgot) of your wealth every year to charity or religious authorities.

[Anonymous No.18777844]

I would hope this might turn on the dusty little shitstain of a lightbulb in twitter normie's brains and make them realize the power of compounding returns rather than thinking about money in terms of days and hours worked.

[Anonymous No.18777851]

>>18777776
Let's say it's unearned income or something, idk. I've lived for thousands of years in this scenario so I'm probably a an emporer or some shit.

[Anonymous No.18778086]

>>18777851
Wait I got this.
So let's say you own a wonderfully productive mine that produces 1 ton of pure gold a year for a centuries.
Like Bezos you hold that as your main asset instead of diversifying, plus you don't want to crash the gold market like that dumbass African king.
How long would your mine have to operate before all the gold you're sitting on is worth more than Bezos in 2020?

[Anonymous No.18778492]

>>18777777

[Anonymous No.18778628]

>>18776819
>NOOOOOOOOOOO NOT MY INVISIBLE SKY MANERINO

[Anonymous No.18778764]

>>18776471
suck his dic
I aint gay but a billions of dollars is a billions of dollars

[Anonymous No.18778905]

>>18776471
Funny part is Jeff Bezos is not even close to the top. $142bil is nothing compared to Rothchild's wealth ($500Tril). In other words, Jeff would need to make 3521x more money to be on the top.

[Anonymous No.18779763]

>>18776471
Okay? It's amazing how much people cries at someone else's wealth. Watch a documentary about Bezos and understand that he worked himself bald to make Amazon into what it is today, the people complaining about his wealth are just jealous losers that have never fought as hard as he did to acquire their dream. Strong willed and smart people are priortized by the capitalist system, as it should be. Wasting time and energy on degenerates that doesn't even want to work or actually spend time fighting hard to acquire their goal is insane and will only push society backwards.

>>18778905
How can they have a wealth of $500 trillion when the world's current wealth is roughly $310 trillion?

[Anonymous No.18779963]

>>18778905
>>18779763
You have been reported to the SEC. You are spreading false information which is leading to inflated stock prices. You will spend time in a federal prison. I reported you, and the SEC will be tracing your ISP and you will be prosecuted.

[Anonymous No.18780119]

>>18779963
Ok very cool

[Anonymous No.18780192]

>>18776471
Exponential vs linear growth