RE: What is the difference between these two numbers? (Full Version)

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blacksword404 -> RE: What is the difference between these two numbers? (12/30/2010 12:53:15 AM)


quote:

ORIGINAL: graceadieu

If I were running a big company, $55 vs $75 billion could make a huge difference. $20b is a lot of jobs that could be created, wages that could be raised, things that could be produced, etc.

But for me personally, I think the difference would be me giving $74billion to charity instead of $54billion. Because I just can't imagine what else I'd do with that kind of money. I just don't need it for what I want to do in my life.

Edit: Well, with taxes it'd probably be less to charity than that, but you know what I mean...


If you donate that kind of money I'm sure you can have a country named after you.




blacksword404 -> RE: What is the difference between these two numbers? (12/30/2010 12:55:35 AM)


quote:

ORIGINAL: SL4V3M4YB3

With 75 billion you get to board the ark in 2012 but with only 55 billion you get to be swallowed up by a gigantic fault line forming in the earth, with your flesh deep fried in magma.


You been sleeping with tv on? [:D]




Termyn8or -> RE: What is the difference between these two numbers? (12/30/2010 3:38:46 AM)

Huh ? Magma sounds good.

T




DMFParadox -> RE: What is the difference between these two numbers? (12/30/2010 4:42:10 PM)

I see you've been watching Bill Gates do what he does.

20 billion would mean the difference between him being #2 and #1 on the richest man in the world list. And did; he dumped about that much into his philanthropy. Then he went and took the helm of microsoft again, bumped himself back up to #1, then quit again and is now #2 again. Basically saying "I can be richer than y'all any time I want but you can have it." Solving world hunger, infant mortality rates, ending malaria forever, education and global warming are now his top priorities and damn if he isn't doing it.

Gates will go down in the books as possibly the most effective man that ever lived. That's what the difference between $72 billion and $52 billion meant to him.

Of course, he was at 100 billion before Microsoft got the shit sued out of it, but you can't have everything.







DMFParadox -> RE: What is the difference between these two numbers? (12/30/2010 4:53:12 PM)

The key here is that money is relative. You can't think in terms of '75 billion' unless you're comparing that to one dollar, because that's the metric.

Instead, ask yourself: how many times over can I buy out the next nearest rich people with that kind of money?

What kind of freedom to act does it afford?

Consider how having the largest stack at a poker game can dwindle fast if you go all in; but if you can go all in twice and still have the largest stack, that affords you considerable more options for bluffing, ending things quickly, etc. If you can do it four times and still have the largest, then you're practically untouchable.

$20 billion more could mean the difference between owning majority share in wal-mart or owning it twice. If you can do the latter, the Waltons are much more likely to answer their doorbell.




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