this post was submitted on 25 Oct 2024
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[–] Juice@midwest.social 0 points 20 hours ago (12 children)

How does owning something turn into hundreds of billions of dollars? I own things too, they don't turn into hundreds of billions

[–] lurklurk@lemmy.world 2 points 19 hours ago (3 children)

Your things didn't increase in perceived value as much as Amazon then

[–] Juice@midwest.social 1 points 19 hours ago (2 children)

Is that how value is determined? How others perceive value? Isn't that kind of subjective? Is there a possibility he isn't worth that much money? Could he be worth even more? Not like margin of error, but dramatically more or less like 20-30% off one way or the other?

[–] lurklurk@lemmy.world 2 points 19 hours ago (1 children)

The value is tecknically the effect of what is called a stock market, and it does vary quite a bit over time as perceptions and economic factors change

[–] Juice@midwest.social 1 points 18 hours ago

You lost me. Sounds like made up crap

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