Submitted by koavf t3_10do4gb in nottheonion
koavf OP t1_j4sq09u wrote
Reply to comment by SilasX in Taliban start buying blue ticks on Twitter by koavf
He lost all that money because he bought Twitter: that is Twitter's true cost of ownership.
SilasX t1_j4t34zg wrote
That’s not the right way to account for it. It’s one party’s loss because of semi related events. Not everyone who participated in the twitter purchase suffered a share of the $200 bn loss, only of the $43 bn loss.
koavf OP t1_j4twlis wrote
> Not everyone who participated in the twitter purchase suffered a share of the $200 bn loss, only of the $43 bn loss.
You are wrong, since every everyone who paid $44 billion to own Twitter also lost a total of $200 billion.
SilasX t1_j4u7ht9 wrote
Nobody paid $44 bn. It was jointly financed across multiple parties.
And even if Musk had out put up $44 bn, it doesn’t mean the other losses were attributable solely to that purchase. The Tesla price fluctuations were not entirely due to the sale of Musk’s shares, for example.
koavf OP t1_j4vsmv5 wrote
Oh, okay, whatever. I don't care about this.
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