Your logic dictates that if I buy a rookie baseball card for $5, the player has a great season and now my card is worth $100, that $95 must have been taken from one or more other people, because you believe that increases in net worth cannot occur without theft.
Pointing out that this makes no sense doesn’t require trust, just functioning logical thought processes.
I don’t know how you got this from what I said but that’s completely wrong. Like why are you comparing something that appreciated in value to billionaires? That’s how valuing things works along with supply and demand. The demand for a high preforming player will have their cards go up in value because the supply of the cards is limited.
If you believe that that is how billionaires get their net worth then you are just plain wrong.
It does require trust. If I don’t trust you, I won’t trust the shit you spew. Facts without sources are untrustworthy and more akin to opinions than facts.
Don’t just make up some “logic” and pretend that that is what I was saying.
Like why are you comparing something that appreciated in value to billionaires?
Because that’s how billionaires become billionaires. They buy stuff (or pieces of it, e.g. shares of stock) and continue to own it while it appreciates in value.
This is why it’s possible for a billionaire’s net worth to swing up and down so wildly: net worth is a valuation, a price tag. It’s NOT an amount of cash money.
Facts without sources are untrustworthy and more akin to opinions than facts.
First off, stop using “opinion” wrong. An assertion can either be true or false. Opinions are subjective, in another category entirely. Facts and opinions are not opposites. This is grade school stuff.
Secondly, give me an example of an assertion I made that you don’t “trust”. Bet I can back it up with very little Google time.
I understand what and how net worth is. When did I ever say it was an amount of cash?
I said AKIN to an opinion, words mean things. No sources is akin to an opinion. So please keep telling me how words work, super helpful. I don’t care for whatever you google, I’d just have to verify the source and a quick google likely won’t give you great sources.
An example okay how about “everything I said was factual, and you know it”
Your logic dictates that if I buy a rookie baseball card for $5, the player has a great season and now my card is worth $100, that $95 must have been taken from one or more other people, because you believe that increases in net worth cannot occur without theft.
Pointing out that this makes no sense doesn’t require trust, just functioning logical thought processes.
I don’t know how you got this from what I said but that’s completely wrong. Like why are you comparing something that appreciated in value to billionaires? That’s how valuing things works along with supply and demand. The demand for a high preforming player will have their cards go up in value because the supply of the cards is limited. If you believe that that is how billionaires get their net worth then you are just plain wrong. It does require trust. If I don’t trust you, I won’t trust the shit you spew. Facts without sources are untrustworthy and more akin to opinions than facts. Don’t just make up some “logic” and pretend that that is what I was saying.
Because that’s how billionaires become billionaires. They buy stuff (or pieces of it, e.g. shares of stock) and continue to own it while it appreciates in value.
This is why it’s possible for a billionaire’s net worth to swing up and down so wildly: net worth is a valuation, a price tag. It’s NOT an amount of cash money.
First off, stop using “opinion” wrong. An assertion can either be true or false. Opinions are subjective, in another category entirely. Facts and opinions are not opposites. This is grade school stuff.
Secondly, give me an example of an assertion I made that you don’t “trust”. Bet I can back it up with very little Google time.
I understand what and how net worth is. When did I ever say it was an amount of cash? I said AKIN to an opinion, words mean things. No sources is akin to an opinion. So please keep telling me how words work, super helpful. I don’t care for whatever you google, I’d just have to verify the source and a quick google likely won’t give you great sources. An example okay how about “everything I said was factual, and you know it”