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re: The World’s 25 Richest Billionaires Have Gained Nearly $255 Billion In Just Two Months
Posted on 5/27/20 at 8:22 am to Mike da Tigah
Posted on 5/27/20 at 8:22 am to Mike da Tigah
This is why I always stick to buy high sell low.
0
Posted on 5/27/20 at 8:23 am to Mike da Tigah
Just got to diversify yo bonds
Posted on 5/27/20 at 9:03 am to Mike da Tigah
quote:
How does one, who’s wealth is in Casinos, actually increase his net worth in a time where casinos are closed to the public and have taken such a huge hit?
The degradation of our societies overall IQ is astounding. We are living through the first stages of idiocracy.
The market valuation of his equity holdings in stocks and bonds went up. Therefore, his intrinsic value as a shareholder went up.
Posted on 5/27/20 at 9:32 am to Mike da Tigah
Two months ago they were a lot poorer than two months prior to that.
The markets have gone up, most billionaires' wealth is tied up in equities of some form and therefore their "worth" moves similar to the market by in large.
Even the casino stocks are up from mid-March lows.
This is a non-story.
The markets have gone up, most billionaires' wealth is tied up in equities of some form and therefore their "worth" moves similar to the market by in large.
Even the casino stocks are up from mid-March lows.
This is a non-story.
Posted on 5/27/20 at 9:33 am to Mike da Tigah
quote:Good for them
The World’s 25 Richest Billionaires Have Gained Nearly $255 Billion In Just Two Months
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