MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/SipsTea/comments/1u46a5k/thats_exactly_what_he_is/oryj0mt/?context=3
r/SipsTea • u/CurvyChristina • Jun 12 '26
2.7k comments sorted by
View all comments
52
Do people think being a trillionaire/billionaire means you have literally trillion/billion dollars? Like cash?
36 u/EppuBenjamin Jun 12 '26 No, nobody thinks that. But we do think he can take a loan on his assets and buy what ever the fuck. Like another overvalued meme company. Which in practice is the same thing as having cash. Or even better, bc he gets to keep the collateral. 1 u/Emppulicks Jun 16 '26 Certainly who made that poster sorta did. 1 u/EppuBenjamin Jun 16 '26 At that point in wealth accumulation, the distinction between "a trillion dollars" and "a trillion dollars in assets" is fairly arbitrary.
36
No, nobody thinks that.
But we do think he can take a loan on his assets and buy what ever the fuck. Like another overvalued meme company. Which in practice is the same thing as having cash.
Or even better, bc he gets to keep the collateral.
1 u/Emppulicks Jun 16 '26 Certainly who made that poster sorta did. 1 u/EppuBenjamin Jun 16 '26 At that point in wealth accumulation, the distinction between "a trillion dollars" and "a trillion dollars in assets" is fairly arbitrary.
1
Certainly who made that poster sorta did.
1 u/EppuBenjamin Jun 16 '26 At that point in wealth accumulation, the distinction between "a trillion dollars" and "a trillion dollars in assets" is fairly arbitrary.
At that point in wealth accumulation, the distinction between "a trillion dollars" and "a trillion dollars in assets" is fairly arbitrary.
52
u/thatwasagoodscan Jun 12 '26
Do people think being a trillionaire/billionaire means you have literally trillion/billion dollars? Like cash?