We were talking about world hunger, but k. You’re obviously trying to pick a fight here on what was obviously not a concrete plan. I’m not sure if you noticed but I’m actually not an expert and don’t haven’t a 32 part plan on how to solve it. Instead pointing out the obvious fact that the man is worth more than the gdp of many nations and how none of that will go to help others, but please keep telling me how the idea of him helping is silly.
I get it I’m not expert as well. I’m just saying his stocks are over inflated in a bubble economy, and if you tried to extract any cash from this, the bubble pops and nothing if value can really be extracted.
Here is my thinking. Most of his stocks are trading at 350p/e. Most normal companies trade at 10. Give it a high end of 35, his real “wealth” is 100 billion, not 1 trillion. Or if the 100 billion he would owe 20 billion in taxes, and we know he still owes 40 billion on X. On the high end we can safely say he could extract 40 billion in cash “if” he didn’t owe money on other projects or loans. Realistically he would get a free billion.
The reason i say the high drop in p/e is because every speculative investor is investing in him, and not his stocks. And if he put in the required paperwork to sell all of his stocks, he would trigger a mass sell off from investors and the p/e would go to realistic values. The other reason is there isn’t enough liquidity in the market to support 1 trillion in sell off to support a zero crash anyways.
He didn’t have that much money. He has stocks, and stocks from companies that don’t turn a profit won’t solve world hunger.
Yes. Thank you. We’re all aware of that, but pretty sure he could sell even 10 billion a year and fix it.
California spends 1.5 billion already and hasn’t accomplished anything. You think 10 billion would fix homeless across the country?
We were talking about world hunger, but k. You’re obviously trying to pick a fight here on what was obviously not a concrete plan. I’m not sure if you noticed but I’m actually not an expert and don’t haven’t a 32 part plan on how to solve it. Instead pointing out the obvious fact that the man is worth more than the gdp of many nations and how none of that will go to help others, but please keep telling me how the idea of him helping is silly.
I get it I’m not expert as well. I’m just saying his stocks are over inflated in a bubble economy, and if you tried to extract any cash from this, the bubble pops and nothing if value can really be extracted.
Here is my thinking. Most of his stocks are trading at 350p/e. Most normal companies trade at 10. Give it a high end of 35, his real “wealth” is 100 billion, not 1 trillion. Or if the 100 billion he would owe 20 billion in taxes, and we know he still owes 40 billion on X. On the high end we can safely say he could extract 40 billion in cash “if” he didn’t owe money on other projects or loans. Realistically he would get a free billion.
The reason i say the high drop in p/e is because every speculative investor is investing in him, and not his stocks. And if he put in the required paperwork to sell all of his stocks, he would trigger a mass sell off from investors and the p/e would go to realistic values. The other reason is there isn’t enough liquidity in the market to support 1 trillion in sell off to support a zero crash anyways.