this post was submitted on 02 Apr 2025
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When you have a couple hundred billion this is couch money. Good to hear he lost but that this is even possible is a problem.
To help add context.
At the "4% Rule" with $100 Billion, he can spend $4 Billion per year. He is making way more than 4% + inflation, so can spend even more.
I don't think the 4% rule applies the same way when it gets to that point.
His spending affects the market. A "normal" investment assumes they are irrelevant to the market.
I don't know how this changes things, but having to lean on TSLA stock when he owns so much of it impacts how much TSLA stock is worth.
Again, maybe it really doesn't matter, but you can't apply standard economics when the numbers are this big.