This Is Brokering

Ep. 370 - Leverage & A 71B$ mistake


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If Elon, on Oct 27th 2022, has invested his 44B$ in Facebook which was then $97.94 per share, the market value on March 27th at $202.84 per share would be 91B$

 

A 47B$ gain.

Not bad over 5 months.

 

Instead by his own (over?) valuation of Twitter yesterday at 20B$ - the social media platform he opted into has cost him 24B$

 

Although the delta is actually 71B$

 

And you thought we had it bad with CDN Real Estate.

 

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This Is BrokeringBy Dustan Woodhouse

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