The share is under your control, the money isn't. Being able to convert it at will doesn't change that. Also how much if anything it's worth when you go to convert it isn't under your control either.
And that doesn't change the fact that Jeff Bezos, fundamentally, is extremely wealthy, even if he'd have to sell or borrow against a few shares to use it.
The share is under your control, the money isn't. Being able to convert it at will doesn't change that. Also how much if anything it's worth when you go to convert it isn't under your control either.
> Being able to convert it at will doesn't change that.
Liquidity doesn't matter? Huh.
That's a Nobel Prize in Economics waiting to be awarded, if true.
Liquidity is an emergent property. It doesn't change the fact that when you buy something the money moved.
And that doesn't change the fact that Jeff Bezos, fundamentally, is extremely wealthy, even if he'd have to sell or borrow against a few shares to use it.
Perhaps refer to the root of this convo branch:
> Accrue more money pretty much indefinitely?
You changed the subject. Wealth wasn't it.
Again: Bezos's wealth is readily convertible to money. It is not a critical distinction for him.