this post was submitted on 10 Nov 2024
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A Boring Dystopia

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October 9, 2024: - net worth $256 billion

November 9, 2024: - net worth $314 billion

Elon added another $21 billion today, so his net worth has increased by $79 billion in the last 33 days!

November 11, 2024: - net worth $335 billion

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[–] [email protected] 46 points 5 days ago (4 children)

At some point those numbers mean nothing anymore. What then? Maybe we are already there.

[–] [email protected] 1 points 5 days ago (1 children)

Stocks value don't represent the actual value of a company, it represents the the value that a buyer believes it is worth.

[–] [email protected] 2 points 3 days ago

How is that different from money?

[–] [email protected] 19 points 5 days ago

Of course it means nothing to us. To them it's like getting high score in the arcade - they all want their name and number at the top and will happily shit on anyone below them.

[–] [email protected] 7 points 5 days ago

It absolutely means something. Don't kid yourself.

[–] [email protected] 28 points 5 days ago