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baseballcrank's profile
Dan McLaughlin
Dan McLaughlin
Dan McLaughlin
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@baseballcrank

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Dan McLaughlinVerified account

@baseballcrank

Senior Writer @NRO. Reaganite, Catholic, Mets fan, ex-lawyer. Opinions 100% my own, but you can share them. Not the Cardinals broadcaster.

New York
nationalreview.com/author/dan-mcl…
Joined May 2009

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    Dan McLaughlin‏Verified account @baseballcrank 24 Mar 2020

    Dan McLaughlin Retweeted Mollie

    $317 million is a lot of money, but it's a 9.3% loss avoided on the sale of 3% of his holdings. Which, doing some back of the envelope algebra, means he still took a paper loss of more than $10 billion in six weeks.https://twitter.com/MZHemingway/status/1242513241110126597 …

    Dan McLaughlin added,

    MollieVerified account @MZHemingway
    Jeffrey Bezos spared himself $317 million in paper losses by selling $3.4 billion in Amazon shares in early February https://www.wsj.com/articles/bezos-other-corporate-executives-sold-shares-just-in-time-11585042204 … via @WSJ
    11:13 AM - 24 Mar 2020
    • 10 Retweets
    • 25 Likes
    • Sharer of scary COVID news and cat videos Pete Mike Ramirez Freight Guy Luis Garcia Howard A Lapin Brad Brown F.A.Vredenburgh Conserviberal
    7 replies 10 retweets 25 likes
      1. New conversation
      2. S.C. Wittan‏ @scwittan 24 Mar 2020
        Replying to @baseballcrank

        And doesn't he have to stagger stock sales (of Amazon) at regular intervals in fixed amounts?

        1 reply 0 retweets 0 likes
      3. Dan McLaughlin‏Verified account @baseballcrank 24 Mar 2020
        Replying to @scwittan

        He has a lot of constraints, some legal, some practical.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Joanna‏ @Joanna_MB 24 Mar 2020
        Replying to @baseballcrank

        3% of their holdings is pretty much what Loeffler and her husband sold - their advisors for them.

        0 replies 0 retweets 0 likes
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      1. Monty Capuletti‏ @Monty_Capulleti 24 Mar 2020
        Replying to @baseballcrank

        Any chance he figured people would respond accordingly and let it pass? That's the payment for his Beverly Hillbillies home and his lifetime property taxes on it. More money > less money.

        0 replies 0 retweets 0 likes
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      1. TIME1234‏ @TIME123411 24 Mar 2020
        Replying to @baseballcrank

        Her lack of context is intentional. She's dishonest and wants to smear someone Trump feels is a political adversary.

        0 replies 0 retweets 0 likes
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      1. Dan Schwartz‏ @gohoos224 24 Mar 2020
        Replying to @baseballcrank

        $AMZN is also still up 4% for the year. We're not talking about airline stocks here.

        0 replies 0 retweets 0 likes
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      1. Brad Brown‏ @rbradbrown 24 Mar 2020
        Replying to @baseballcrank

        When one's personal net worth is effectively infinity, how does one even mentally frame percentage gains & losses?

        0 replies 0 retweets 0 likes
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