• FlexibleToast@lemmy.world
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        2 months ago

        I didn’t say that. I said nobody should have that much wealth. If the business is worth that much, no one person should own that large of a stake in it because it’s apparently a very important business.

      • klankin@piefed.ca
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        2 months 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 months 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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          2 months 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).

      • Phantaloons@piefed.zip
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        2 months ago

        it’s crazy to have 1.3T dollars

        somehow =

        it’s crazy to own a business

        what a fucking idiot