any_memes_necessary@lemmy.world to Political Memes@lemmy.world · 2 days agoand it still didn't work lmaolemmy.worldimagemessage-square18fedilinkarrow-up1506arrow-down14
arrow-up1502arrow-down1imageand it still didn't work lmaolemmy.worldany_memes_necessary@lemmy.world to Political Memes@lemmy.world · 2 days agomessage-square18fedilink
minus-squareLastYearsIrritant@sopuli.xyzlinkfedilinkEnglisharrow-up11·2 days agoI don’t think the 4% rule applies the same way when it gets to that point. His spending affects the market. A “normal” investment assumes they are irrelevant to the market. I don’t know how this changes things, but having to lean on TSLA stock when he owns so much of it impacts how much TSLA stock is worth. Again, maybe it really doesn’t matter, but you can’t apply standard economics when the numbers are this big.
I don’t think the 4% rule applies the same way when it gets to that point.
His spending affects the market. A “normal” investment assumes they are irrelevant to the market.
I don’t know how this changes things, but having to lean on TSLA stock when he owns so much of it impacts how much TSLA stock is worth.
Again, maybe it really doesn’t matter, but you can’t apply standard economics when the numbers are this big.