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tompetry | 1 year ago

If he's earning just 5% a year on that $16B net worth, that's about ~$2.2m per day. Yet he used this info to gain $500k?

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WalterBright|1 year ago

I once saw a documentary on teenagers' coordination before, during, and after their growth spurt. They were able to show that during their growth spurt, they were uncoordinated and awkward. The uncoordination came from errors in thinking the body was smaller than it was. It seems to take a while for the brain to adjust to their larger size.

If one's wealth goes up quickly by orders of magnitude, I'd expect it takes time to reframe one's thinking to match.

AS37|1 year ago

As long as this took him less than 90 minutes it would be a higher hourly rate of income. Not to mention that doing this would not reduce his other earnings.

Or maybe he did it for the thrill.

az226|1 year ago

Yeah it doesn’t add up.