What is the difference between these two numbers?

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What is the difference between these two numbers? - 12/25/2010 10:06:38 PM

blacksword404

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What would be the difference to you between having 55 billion dollars or 75 billion dollars?

No right or wrong answers. But I think that the longer you think about it, the more you end up with one answer in particular.

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RE: What is the difference between these two numbers? - 12/25/2010 10:11:12 PM

Kirata

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Having given this considerable thought, I conclude that the difference to me would be 20 billion dollars

K.

< Message edited by Kirata -- 12/25/2010 10:12:21 PM >

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RE: What is the difference between these two numbers? - 12/25/2010 10:27:42 PM

GreedyTop

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20 mil, and investing/philanthropic opportunities

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RE: What is the difference between these two numbers? - 12/26/2010 12:22:39 AM

Termyn8or

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With $55B I could buy a part of GM and alot of it's subsidiaries and spinoffs, ancillary suppliers. Probably enough to get into the market. The other $20B would go to modernize, procure workers and materials. If not for the other $20B I would have to go public, and I would prefer not to do that.

T

ETA : I don't mean stock. I mean buy the plants, the factories.

< Message edited by Termyn8or -- 12/26/2010 12:25:15 AM >

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RE: What is the difference between these two numbers? - 12/26/2010 2:49:28 AM

hertz

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Personally, and this is purely from a personal perspective, I would say there is no difference.

But on a personal basis, I would be unable to distinguish between $75bn and 0.00005 x $75bn. This doesn't mean I don't know the difference between the numbers - it just means that the difference is meaningless to me.

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RE: What is the difference between these two numbers? - 12/26/2010 3:01:49 AM

Termyn8or

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In other words if you're only going two miles away, what's the difference between having a full tank of gas or a half a tank ? (unless you got a real gas guzzler)

But it's still not really correct thinking. I am out of ground black pepper. Know why ? I forgot to get some the other day. It was such a big container, I can't believe it was empty. Now I have to grind pepper.

In times of famine you have no choice but to cut back, but in times of fortune if you cut back, times of famine might never come. I want every last dime I can get. If I hit the lottery today (no I didn't play, it's a sucker bet) what would I do ? Nothing. I would talk to my banker tomorrow and figure out the best strategy to keep the money. And of course I know he wants it.

If my bank balance was $14,974,902 I would not even buy store boughten cigarettes, nor expensive beer. Nice things ? Fukit they just get wrecked eventually. And I am alreadt sick of T bone steak, shrimp, lobster, chicken and anyone who tastes like it and of course filet mignon. I wouldn't buy a car, I would put new tires on the one I got. I might get another PC.

If I won ten million bucks right now, nobody would ever know unless I told them.

T

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RE: What is the difference between these two numbers? - 12/26/2010 3:37:04 AM

hertz

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quote:

ORIGINAL: Termyn8or

In other words if you're only going two miles away, what's the difference between having a full tank of gas or a half a tank ? (unless you got a real gas guzzler)

Exactly that. I don't have any desire to go any further. If someone gave me 'just' $3m tomorrow, I could retire comfortably and I'd still be able to give more than half of it away and not notice. The black pepper argument doesn't convince me because the big container of pepper is so huge, I couldn't use that much pepper if I ate it by the bowlful every day for the rest of my life. And because of the way the banking world works, if the pepper container is big enough, it just magically refills every night...

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RE: What is the difference between these two numbers? - 12/26/2010 3:49:22 AM

Termyn8or

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LOL

You do have a way........

T

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RE: What is the difference between these two numbers? - 12/26/2010 4:07:03 AM

anniezz338

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Well, the difference between a mansion with 55 rooms vs 75 rooms is 20 rooms. It's all relative. Someone making 100K a year could have the same basic things as someone with 75 billion. Just on a smaller scale and less extravagent. Smaller boat, smaller house, cheaper vacations and vehicles, etc.

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RE: What is the difference between these two numbers? - 12/26/2010 4:39:12 AM

Termyn8or

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The 100K guy cannot buy the island, he can only rent it.

T

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RE: What is the difference between these two numbers? - 12/26/2010 5:54:14 AM

DesFIP

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OP, if you can't tell the difference, then I'll take that extra 20 bil off your hands.

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RE: What is the difference between these two numbers? - 12/26/2010 6:06:38 AM

barelynangel

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I don't believe the average person can contimplate the concept of having a billion dollars much less those two amounts. When you cannot conceive an amount, to add more of the amount the brain does not process it in actual amounts but instead just a concept. Most people will contemplate it as the difference between 55,000 and 75,000 because that's what they know... and its no where near the same.
angel

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RE: What is the difference between these two numbers? - 12/26/2010 6:10:54 AM

Phoenixpower

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There is none for me...as i would be happy with any of those two

< Message edited by Phoenixpower -- 12/26/2010 6:47:54 AM >

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RE: What is the difference between these two numbers? - 12/26/2010 6:11:30 AM

CerVeza

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what's worse. Earning the million or billion or wasting what others have earned?

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RE: What is the difference between these two numbers? - 12/26/2010 9:57:12 AM

blacksword404

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quote:

ORIGINAL: hertz

Personally, and this is purely from a personal perspective, I would say there is no difference.

But on a personal basis, I would be unable to distinguish between $75bn and 0.00005 x $75bn. This doesn't mean I don't know the difference between the numbers - it just means that the difference is meaningless to me.

I thought about the 20 billion difference and I had to ask myself what could I buy with the extra money that would make any difference to me. You almost have to start buying countries to put a dent in it. I think the richest person in the world is worth about 53 billion. I wonder what 20 extra billion would mean to him. He is the richest man in the world. And with the extra 20 billion he would still be the richest. I don't have that kind of money but I figure once you do, making more money would get stale real quick. Money like that brings in more money on it's own. I understand why some of them give away huge amounts of money.

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RE: What is the difference between these two numbers? - 12/26/2010 11:37:42 AM

Jaybeee

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This boils down to something I've been considering for a while. Wealth in and of itself doesn't make you happy, YOU make you happy, or unhappy. Possession is not where the fun is, it's ACTION. And although you own fleets of Rollers, acres in Monaco etc, that's moot. That's mere having. Doing, that's the real satisfaction. And a man can only drive one car at a time, fly one plane, wear one Armani shirt, screw in one bed, feel the sand under his buttocks of just one beach etc.

And you can savour the world and oh, about 95% of it's treasures with a LOT less than 55billion.

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RE: What is the difference between these two numbers? - 12/26/2010 12:57:16 PM

blacksword404

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quote:

ORIGINAL: Jaybeee
And you can savour the world and oh, about 95% of it's treasures with a LOT less than 55billion.

That sounds like a ready made commercial.

Two houses, a bike, pickup truck and something to take out on the ocean would do for me. A million and a half should take care of that. Should have it by the time I hit 65 years old. But time will tell.

_____________________________

Don't fight him. Embrace your inner asshole.

Tu fellas magnus penum meum...iterum

Genuine catnip/kryptonite.
Ego sum erus.

The capacity to learn is a gift, the ability to learn a skill, the willingness to learn a choice. Dune HH

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RE: What is the difference between these two numbers? - 12/28/2010 1:29:13 PM

graceadieu

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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...

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RE: What is the difference between these two numbers? - 12/28/2010 2:50:37 PM

SL4V3M4YB3

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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.

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RE: What is the difference between these two numbers? - 12/29/2010 1:55:38 PM

hertz

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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.

Good point. In the light of this, I would like to change my answer and say the difference is indeed $20bn, and it is, after all, important.

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Post #: 20

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