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(CNN)   Jeff Bezos sells off $3 billion worth of Amazon stock, presumably to deepen the pile in his Scrooge McDuck moneydiving room so he can add a higher diving board   (cnn.com) divider line
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1367 clicks; posted to Main » and Business » on 05 Nov 2020 at 3:35 PM (23 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-11-05 2:45:50 PM  
Family Guy - Dive Into Gold Coins [HD]
Youtube viDL2W0HcJw
 
2020-11-05 3:36:34 PM  
He needed toilet paper so he could wipe his ass in front of his underpaid employees.
 
2020-11-05 3:36:53 PM  
If the top layer is gold brick, I'm ok with this plan.
 
2020-11-05 3:36:56 PM  
Alimony payment.
 
2020-11-05 3:37:08 PM  
Turning speculation to actuality, almost like magic.
 
2020-11-05 3:37:30 PM  
Did he sell the stock on Amazon?
 
2020-11-05 3:38:13 PM  
It's either him putting a really big infusion into Blue Origin (most likely for the Starlink competitor), or he has to make a divorce payment to the Ex.
 
2020-11-05 3:38:37 PM  
Now I'm certain that Biden is going to win.
 
2020-11-05 3:39:22 PM  
Meh ... he's still only half as rich as ...

scontent.fcmh1-1.fna.fbcdn.netView Full Size
 
2020-11-05 3:39:55 PM  
Anyone care to take a crack at converting 3 billion dollars to a volume of quarters?
 
2020-11-05 3:40:57 PM  

FloriduhGuy: Did he sell the stock on Amazon?


Then it should be delivered at 10:45 tonight
 
2020-11-05 3:42:47 PM  

r1niceboy: FloriduhGuy: Did he sell the stock on Amazon?

Then it should be delivered at 10:45 tonight


Actually no. that's when they say it will be delivered. The status will just show as "out of delivery" then be changed to "there was a problem but it might still show up". Then you get to chat, get a 10 dollar gift card, then wait 2 more days.
 
2020-11-05 3:45:39 PM  
He's probably moving to the moon with that Bitcoin guy that cashed in yesterday so they can make sweet love in private.
 
2020-11-05 3:45:56 PM  
It's because if Biden wins they'll raise capital gains to 30%.  If we waited and sold next year he would have only netted $2,000,000,000.  Which would have totally stunk.
 
2020-11-05 3:49:57 PM  

Wanderlusting: Meh ... he's still only half as rich as ...

[scontent.fcmh1-1.fna.fbcdn.net image 850x1133]


That skank.
 
2020-11-05 3:50:33 PM  

jayfrizzo: It's because if Biden wins they'll raise capital gains to 30%.  If we waited and sold next year he would have only netted $2,000,000,000.  Which would have totally stunk.


and Lars Ulrich will have to wait until next year for that gold-lined pool now.
 
2020-11-05 3:50:40 PM  
Maybe he's spending more on Kerbal Blue Origin Space Program.  Those in-game purchases are not cheap.
 
2020-11-05 3:52:17 PM  

jayfrizzo: It's because if Biden wins they'll raise capital gains to 30%.  If we waited and sold next year he would have only netted $2,000,000,000.  Which would have totally stunk.


They can't raise taxes, the Senate is Republican.
 
2020-11-05 3:53:42 PM  

Wanderlusting: Meh ... he's still only half as rich as ...

[scontent.fcmh1-1.fna.fbcdn.net image 850x1133]


Mansa Musa would like a word, once he climbs over his huge pile of gold
 
2020-11-05 3:54:06 PM  

cptcaveman: r1niceboy: FloriduhGuy: Did he sell the stock on Amazon?

Then it should be delivered at 10:45 tonight

Actually no. that's when they say it will be delivered. The status will just show as "out of delivery" then be changed to "there was a problem but it might still show up". Then you get to chat, get a 10 dollar gift card, then wait 2 more days.


I've had 2 late deliveries all year and I have over 150 separate orders.
 
2020-11-05 3:54:50 PM  

Wanderlusting: Meh ... he's still only half as rich as ...

[scontent.fcmh1-1.fna.fbcdn.net image 850x1133]


His amazon stock surged 75% in value over the past year -- at those rates, he'll beat Rockefeller hands down in just a couple of years.
 
2020-11-05 3:56:37 PM  

cptcaveman: Anyone care to take a crack at converting 3 billion dollars to a volume of quarters?


Looks like 436,364ft3 (enough to cover an acre almost exactly 10 feet deep) and it would weight about 75,000 tons.
 
2020-11-05 3:58:06 PM  
I sold my Amazon too.

In January it started going up, till August.  Went from under 2000 to 3500.  But since August 31, it's been going down more often than up. Currently at 3300.

Basically In March, people started shopping with Amazon almost exclusively, but that has stopped.  Had a great year, but no one expects it to repeat it.
 
2020-11-05 3:59:59 PM  

r1niceboy: Wanderlusting: Meh ... he's still only half as rich as ...

[scontent.fcmh1-1.fna.fbcdn.net image 850x1133]

Mansa Musa would like a word, once he climbs over his huge pile of gold


Musa's problem was that he had so much gold it became nearly worthless.
 
2020-11-05 4:05:39 PM  
Ho's knee deep in big booty ho's that's what he's doing with it. Come on you see the one with the enhancements up front after the wife.

/that's what I'd do anyway.
 
2020-11-05 4:08:32 PM  

cptcaveman: Anyone care to take a crack at converting 3 billion dollars to a volume of quarters?


Fark user imageView Full Size
 
2020-11-05 4:15:50 PM  

tarkin1: I sold my Amazon too.

In January it started going up, till August.  Went from under 2000 to 3500.  But since August 31, it's been going down more often than up. Currently at 3300.

Basically In March, people started shopping with Amazon almost exclusively, but that has stopped.  Had a great year, but no one expects it to repeat it.


Fark user imageView Full Size
 
2020-11-05 4:26:24 PM  

Salmon: He's probably moving to the moon with that Bitcoin guy that cashed in yesterday so they can make sweet love in private.


That bitcoin guy was the US Treasury. https://www.wired.com/story​/feds-seize​-billion-stolen-silk-road-bitcoin/
 
2020-11-05 4:28:55 PM  
Scientificamente accurati - Ducktales (SUB ITA)
Youtube 4ronOveBTso
 
2020-11-05 4:31:53 PM  

Manfred J. Hattan: Salmon: He's probably moving to the moon with that Bitcoin guy that cashed in yesterday so they can make sweet love in private.

That bitcoin guy was the US Treasury. https://www.wired.com/story/​feds-seize-billion-stolen-silk-road-bi​tcoin/


Federal courts, being subject to the laws of physics and math, lack the power to extract wallet keys Unless they can compel a known wallet owner to give them up. This, no doubt, pisses off federal judges. Which just proves the old joke. Q: 'What do you call a lawyer with a 50 IQ?' A: 'Your honor'
 
2020-11-05 4:32:50 PM  
He emptied that Bitcoin wallet too. You know it.
 
2020-11-05 4:34:51 PM  

Manfred J. Hattan: Salmon: He's probably moving to the moon with that Bitcoin guy that cashed in yesterday so they can make sweet love in private.

That bitcoin guy was the US Treasury. https://www.wired.com/story/​feds-seize-billion-stolen-silk-road-bi​tcoin/


What a pisser.
 
2020-11-05 4:35:03 PM  

lectos: He needed toilet paper so he could wipe his ass in front of his underpaid employees.


He's so rich he doesn't have to wipe his own ass. He can pay someone to be his personal asswiper.
 
2020-11-05 4:36:59 PM  
What could he be buying?  For that amount, he could buy Congress and have plenty left over? Maybe he's going to be a player for NFL rights for Amazon TV.
 
2020-11-05 4:38:06 PM  

cptcaveman: Anyone care to take a crack at converting 3 billion dollars to a volume of quarters?


9702 m^3
 
2020-11-05 4:38:35 PM  

lectos: He needed toilet paper so he could wipe his ass in front of his underpaid employees.



Are they really?
 
2020-11-05 4:40:38 PM  

justanotherfarkinfarker: Ho's knee deep in big booty ho's that's what he's doing with it. Come on you see the one with the enhancements up front after the wife.

/that's what I'd do anyway.


Old wife:
static.wixstatic.comView Full Size


New booty:
bestofcomicbooks.comView Full Size

celebzz.comView Full Size
 
2020-11-05 4:45:17 PM  
well, FOXA current market cap is $15B.  You know, if you want to do something to Make America Great Again.    Shift the narrative there and in 4 years you might not have to disown your relatives and we can make another try at democracy.

..or buy a bunch more houses and boats.

you do you.
 
2020-11-05 4:49:46 PM  

jayfrizzo: It's because if Biden wins they'll raise capital gains to 30%.  If we waited and sold next year he would have only netted $2,000,000,000.  Which would have totally stunk.



Ha hah hahahahhah.  There will be no tax increase that gets through the Senate.  Dead letter.

This is just sell high, buy low.

Biden will take the pandemic seriously, and the community spread will come down, and restrictions will start to come down in the spring, and people will start shopping like normal people again.   Amazon is at it's peak right now.  Sell.
 
2020-11-05 4:53:41 PM  
Let him. If he gets the board too high, hitting the surface could get fatal.
 
2020-11-05 4:54:47 PM  
he's cashing out before the crash.

stonks have been artificially high throughout this entire pandemic.  the market hasn't been based on reality in a really long time, but this was exceptionally bad and if it wasn't obvious to everyone, it is now.

they are delaying announcing who won (we're still counting! *wink*) so they can inform the ultra-wealthy in advance so they can make preparations.

Their intention was to keep the artificial market inflated if Trump wins.  If Biden wins, their intention is to smash it so hard it breaks all the things, giving Biden a huge mess to clean up for the next four years instead of passing meaningful legislation (capital gains tax for example).  not to mention, the added benefit of getting everyone that had their 401k's gutted pissed off and blaming Biden for it (prepare for the propaganda) so they fund an astroturf movement Tea Party 2.0 to get more radical righties into office and an R surge in the midterms making it impossible for the government to function once again.  Making it easier and easier to gut the middle class and ensure the aristocracy will reign for generations to come.

/removes tin foil hat
//puts it back on!  it's scary out there
///that means Biden won!
 
2020-11-05 5:04:09 PM  

jayfrizzo: It's because if Biden wins they'll raise capital gains to 30%.  If we waited and sold next year he would have only netted $2,000,000,000.  Which would have totally stunk.


A GOP Senate isn't going to raise taxes, which is one reason the stock market is sharply up since the election.
 
2020-11-05 5:37:46 PM  
Just make sure it's COINS, not crumpled bills or stock certificates. None of this "like diving into a pile pf autumn leaves" shat. Big honking Sacajawea dollars. Solid metal.
 
2020-11-05 5:46:15 PM  
No matter how much money you have, keeping it all in one basket is a terrible idea.  Gotta diversify at least some, just in case.

It's difficult for a successful business founder to let it go.  It becomes part of your identity.

All good.  Good for him.
 
2020-11-05 6:13:35 PM  

Kit Fister: Wanderlusting: Meh ... he's still only half as rich as ...

[scontent.fcmh1-1.fna.fbcdn.net image 850x1133]

That skank.


On Lyrics
Youtube 908pTL8tp8Q


... and to keep this comment relevant, my theory is Big Bezos has a vaccine.
 
2020-11-05 7:06:06 PM  

elgrancerdo: justanotherfarkinfarker: Ho's knee deep in big booty ho's that's what he's doing with it. Come on you see the one with the enhancements up front after the wife.

/that's what I'd do anyway.

Old wife:
[static.wixstatic.com image 350x590]

New booty:
[bestofcomicbooks.com image 850x446]
[celebzz.com image 850x1018]


He certainly seems to have a 'type' and sticks to it.
 
2020-11-05 7:08:15 PM  

MoriartyLives: No matter how much money you have, keeping it all in one basket is a terrible idea.  Gotta diversify at least some, just in case.

It's difficult for a successful business founder to let it go.  It becomes part of your identity.

All good.  Good for him.


Gee maybe he can now "let go" of the taxes he hasn't paid.
 
2020-11-05 7:22:24 PM  
I'll just leave this here to lighten the mood a little...

Ducktales Remastered Soundtrack - Moon Theme
Youtube YHEifuLCSIY
 
2020-11-05 7:44:10 PM  

robodog: cptcaveman: r1niceboy: FloriduhGuy: Did he sell the stock on Amazon?

Then it should be delivered at 10:45 tonight

Actually no. that's when they say it will be delivered. The status will just show as "out of delivery" then be changed to "there was a problem but it might still show up". Then you get to chat, get a 10 dollar gift card, then wait 2 more days.

I've had 2 late deliveries all year and I have over 150 separate orders.


I don't know where all the haters live or how they stupidly get fooled by scammers. I have never had anything but good results. Never a lost or late delivery. Hell, i can track the delivery through the neighborhood.
 
2020-11-05 7:45:40 PM  

tarkin1: I sold my Amazon too.

In January it started going up, till August.  Went from under 2000 to 3500.  But since August 31, it's been going down more often than up. Currently at 3300.

Basically In March, people started shopping with Amazon almost exclusively, but that has stopped.  Had a great year, but no one expects it to repeat it.


Yep, that's it then. No point for anyone to buy Amazon again.
 
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