• JustEnoughDucks@feddit.nl
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    1 year ago

    Jeff Bezos has liquidated over 10 billion PER YEAR with absolutely 0 effect on the stock whatsoever. People who make the stock argument really don’t understand the scale at which megacorps sell stock and also how fast it would recover. Yes, if beaks liquidated every stock in one day, his stock would crash… for about a day before it was all bought up by hedge funds instantly because they know that it will recover with no problem whatsoever. Then voila, stock price recovers.

    • szczuroarturo@programming.dev
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      11 months ago

      Yup i Just checked that amazon is worth 1.32 trilion. I really thought it was worth much less. Frankly speaking the bigger question it begs is whetewer any company should be valued that much in the first place,beacuse my God there is no reason the barerly profitable amazon that skims through just beacuse of the AWS should be worth that much. Also stock buybacks should be taxed like dividends(looking at you Apple). You should Just tax the company instead of investors on stock buybacks.