Most_Insane_F2P t1_iuavk8c wrote on October 29, 2022 at 10:30 PM

Reply to comment by andrewta in Why did Elon Musk pay 44 Billion for a website? by [deleted]

$4000 times 32 = $128000 ? Only...
This is why I don't understand how Warren Buffet got so rich... you'll need a lot of money to create an insane amount of money?

Hot-Horror9942 t1_iuawr26 wrote on October 29, 2022 at 10:40 PM

Warren buffet a fosil tho do that 3 more times

Olgrateful-IW t1_iub2b4s wrote on October 29, 2022 at 11:24 PM

For 60 years.

Boilertribe4 t1_iuax1tg wrote on October 29, 2022 at 10:42 PM

It's had splits. Google IPOd with a market cap of $23B. Today it's $1.25T.

That's a 55x

But, you definitely have to bet with conviction (and then get lucky) or already have money to make it rich overnight in the markets.

Edit: it's a 1.25T not 1.35T MC