Years to billionairedom

Discussion in 'Wall St. News' started by dealmaker, Apr 16, 2018.

  1. dealmaker

    dealmaker

    ""
     
  2. HopeHK

    HopeHK

    When BTC hits $387,873,387 I'll be there with them. Hoping by summer
     
    kj5159, HumbleTime and dealmaker like this.
  3. Overnight

    Overnight


    Yawn. If Skye Gould adjusts that for inflation I'll be interested. Else it is bunk.
     
    HumbleTime likes this.
  4. newwurldmn

    newwurldmn

    Why does inflation matter so much? Most of the people on there are multibillionaires and all made it within the last 25 years. Ok, so a few guys need to look at 2bn vs 1bn. Does that really change the conclusions?

    So what makes it bunk as it’s presented?
     
  5. Overnight

    Overnight

    Really?

    Oi!
     
  6. newwurldmn

    newwurldmn

    Nice analytical reply.
     
  7. Pekelo

    Pekelo

    Your question was silly. Inflation changes the measure of unit, simply put. It is like measuring long jump in inches then in cm-es.
     
  8. newwurldmn

    newwurldmn

    No shit. But does it change the analysis when talking about when people became millionaires to billionaires within the last 30 years? If so, show me how.
     
  9. Pekelo

    Pekelo

    Here you go honeybun, let me calculate it for you:

    http://www.usinflationcalculator.com

    Last 30 years difference is 111% between 1988 and 2018, so yes it is half as easy to be a billionaire today than 30 years ago.
     
  10. newwurldmn

    newwurldmn

    You mean “twice as easy” honeybun.

    Most of those guys are multibillionaires. So how does it change your conclusions from that chart? How long do you think it took Zuckerberg to make his second billion?
     
    #10     Apr 17, 2018