I've never understood the concept of someone's wealth shooting up "on paper"
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Like, how else do most people measure their wealth? Land and cattle and gold ingots?
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If $1 billion worth of stock is "on paper" wealth, then what's $1 billion of cash?
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Replying to @TheStalwart
"on paper" only matters when an asset is illiquid. Unless it's some huge position that will swing prices when selling.
10:22 AM - 27 Oct 2017
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