I would rather Bezos is allowed to try and invest it in something as impactful as Amazon again. He's certainly fair likelier to do it than, say, the US government, or you yourself.
I would rather Bezos is allowed to try and invest it in something as impactful as Amazon again. He's certainly fair likelier to do it than, say, the US government, or you yourself.
The same is true for other tech billionaires. They mostly have one or a couple of successes that can in any way attributed to them: Gates has Microsoft and his foundation, Musk has Tesla and SpaceX, Twitter is a clusterf*ck, Jobs has Apple, etc. etc.
My impression is that at best, even very giftet people have the opportunity to do a couple of "great things" in their lifetime and most stop after the first. The societal benefit of giving them dominion over unimaginable wealth in the hope that they'll are much more likely to come up with the next game changer is negligible. Historically, the next big innovation has mostly come from someone not yet incredibly rich (but empowered by access to capital, beneficial systems and knowledge, all often provided by the government).
i don't have any fucking money, i can't invest in shit. That's the big difference between Jeff Bezos and Me.
US population = 332 million
152 billion / 332 million = $457 per person (I was over estimating!)
US debt = 33.6 trillion https://www.pgpf.org/national-debt-clock#:~:text=The%20%2433....
152 billion / 33.6 trillion = 0.45%
Wow, I underestimated what Bezos' wealth could pay off in our national debt by an order of magnitude! It could only pay 1/10 of what I thought - only 0.45%! Incredible how much debt the US government has.
In terms of your own situation, assuming you are not disabled and are a healthy adult, then you need to start thinking longterm. Not "how can I become wealthier today", but "how can I become wealthier over 30 years?" The choices you make every day compound. You should work on a positive outlook, getting real skills, and trying to improve your situation every day.
The deficit is currently around 2 trillion dollars, so Bezos' wealth is around 7.5% of the deficit (if it were fully liquid, which it's not).
Bezos's parents when he was born were a highschool student and a circus performer. From him to be where he is today, probably indicates there are other differences.
And the fac that his parent had that money to invest in him? Another success of Capitalism.
Then how are you gonna use the money I give you in your business to grow it 10x in an about 5-10 years time frame so I can get my investment back? Put together a plan. Call it a "business plan" and put it in writing.
Jeff Bezos had to answer these kinds of questions (and many, harder ones) before he got his first investment. What seems to you as an obvious, trivial idea today was a novel, risky approach 30 years ago.
He did the work and that is why he's rich. We are here commenting on an investor's forum instead and that is why we are... what we are.