Talk of The Villages Florida - View Single Post - Elon Musk Twitter Deal
View Single Post
 
Old 07-20-2022, 06:46 AM
MartinSE MartinSE is offline
Platinum member
Join Date: Feb 2022
Posts: 1,883
Thanks: 100
Thanked 1,723 Times in 666 Posts
Default

Quote:
Originally Posted by retiredguy123 View Post
Some have claimed that $44 billion is pocket change to Musk. I don't think so. It is actually about 20 percent of his advertised net worth. That is a lot of money to put at risk. My main point was that it would seem to be less expensive and less risky to compete with Twitter rather than to buy it.
Obviously you missed that I was "joking" about pocket change. But, at 20% he can certainly afford it. He lives in a tiny modular home, drives cars he makes. So, think of it like you paid cash for a house that amounted to 20% of your portfolio. You could certainly afford that.

As to whether he was a good investment or not, again, I will defer to the guy that is the richest man in the world over some random stranger on the internet.

And SOMEONE pointed out ANYONE can become the richest man in the world - LOLOLOLOLOLOLOLOLOLOL! OMG, that is about the funny comment I have ever read on TOTV.