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23
if you have a $1 net worth, you are closer to the 2nd richest person on earth, than he is to Elon. (twitter.com)
posted 14 days ago by SophiesBoyfriend 14 days ago by SophiesBoyfriend +23 / -0
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▲ 14 ▼
– cccpneveragain 14 points 14 days ago +14 / -0

Funny enough I think a lot of his is just such made up value. That's not even me being an Elon hater. I genuinely think he pushes limits and innovates more than a ton of businesses. The market still just absolutely eats up everything he has done with insane valuations despite not always being that good financially, or just having some plain bad ideas and shitty implementation.

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▲ 23 ▼
– SophiesBoyfriend [S] 23 points 14 days ago +23 / -0

Everyone saying Elon Musk is the world’s first trillionaire is ignoring the entire country of Zimbabwe

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▲ 13 ▼
– cccpneveragain 13 points 14 days ago +13 / -0

I had to think about that for a second because I was at first trying to think of a Zimbabwean kang that wuz mega rich by confiscating all of the property. Then I realized, oh wait. It's a few billion for a simple meal, right?

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▲ 11 ▼
– TheMafia 11 points 14 days ago +11 / -0

the share price of Tesla is not rational. he does not push limits he fails more than he succeeds. his innovation is being a corrupt grubby fuck ripping off tax payers.

you should hate him. he's a hateable person. he does not share your values. he has tons of children he does not take care of. he sticks his dick in crazy because he can't stop doing drugs.

the market isn't real. if you think it somehow represents the will of people with actual money you've completely lost the plot.

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▲ 8 ▼
– SophiesBoyfriend [S] 8 points 14 days ago +8 / -0

Elon Musk didn’t become a trillionaire until age 54.

Relax, you still have time

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▲ 9 ▼
– TheMafia 9 points 14 days ago +9 / -0

You experience the world through jealousy and then project that onto other people? That's rough, sorry it's that way for you.

I'd rather be measured by my successes in life, the number of souls I brought to God, and the amount of happiness I've brought to the world.

If your yardstick is money you are at the altar of Satan.

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▲ 4 ▼
– KekistanPM 4 points 14 days ago +4 / -0

"Best we can do is have you live paycheck to paycheck until you get social security and Medicare if you even qualify...also if you hold out until you're 72 then you get a higher return...either way you'll live off social security until it's bankrupt. Then just die already so migrants can move into your apartment."

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▲ 7 ▼
– TheOutlaw 7 points 14 days ago +7 / -0

It was clear this guy was bad news when he advocated for replacing us with jeets.

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▲ 7 ▼
– cccpneveragain 7 points 14 days ago +7 / -0

The market hasn't been real for some time if you define "real" as rational. I'd go back to at least the late 90s there it was broken, but probably further back just I wasn't old enough to pay attention.

It does echo though, and unless you're content hiding assets in US dollars to be slowly scammed away by inflation, then the market is there and can be used as a tool. Just most chase dumb shit (like Tesla) without any plan or any attention at all while the market grifts all their funds right off of them.

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▲ 2 ▼
– TheMafia 2 points 14 days ago +2 / -0

then the market is there and can be used as a tool.

So can physical property, precious metals, and creative works. Without a gold standard the market is a casino.

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▲ 1 ▼
– cccpneveragain 1 point 14 days ago +1 / -0

Correct. All of those things can be too and it's smart to use those as well. Dealing with the market as if it were a casino is like dealing with a poker game as if it were a slot machine. You sit down at the table and feed pots with no intelligence or discretion at all, and the skilled players will absolutely eat you up.

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... continue reading thread?
▲ 1 ▼
– subbookkeeper 1 point 14 days ago +1 / -0

Both things are true.

I think another reason is that there's literally no-one else like him so all the money has only 1 place to go.

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▲ 4 ▼
– undecidedmask2 4 points 14 days ago +4 / -0

100%. He’s not a true con artist or a scam but he’s managed to hit every major investor hypetrain with perfect accuracy. That’s more on them for being stupid really. Electric cars, AI.

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▲ 2 ▼
– cccpneveragain 2 points 14 days ago +2 / -0

Yeah there's a lot of government stuff, common fair criticism, but I mean he hasn't delivered a bridge to nowhere, and lined his pockets with nothing more than some presenatations and a website. I don't like a lot of the products, but his electric cars function, his rockets actually go do real jobs in space. Nothing is perfect.

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