It’s not as insane because there is a significant difference between liquid and illiquid assets in how these can affect the world. However, regardless of how it compares, people owning more than a billion is one more sign our global economic system is very broken (and trillion even more so).
Genuinely asking what’s the difference?
Like sure liquid $1T would be insane for one person to have, but a $1T company is equally as insane
It’s not as insane because there is a significant difference between liquid and illiquid assets in how these can affect the world. However, regardless of how it compares, people owning more than a billion is one more sign our global economic system is very broken (and trillion even more so).
A 1 trillion company trading at 350 p/e tells you everything you need to know about how liquid the market would be if he tried to sell it all