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[–] 2 pts 9mo

Trick question. If he took the 10% he would be an equity voter and voted for things that lost the company more than 12.4 billion

[–] 1 pt 9mo

Wow. That's a stupid nigger. That is a stuuuuupid nigger.

[–] 1 pt 9mo

Long term thinking and delayed gratification is not a strong point in their species.

[–] 0 pt 9mo

Yeah, not many people would forgo access for day to day money, and then be willing to wait 50 years instead. Unless he also wanted to work full time as well as play NBa, lol.

[–] 0 pt 9mo (edited 9mo)

What would the 100k be worth today if it was invested? 51 years is a lot of compund interest + inflation.

I'd be willing to guess the 100k wouldn't have been a terrible choice, IF it were managed wisely.

[–] 1 pt 9mo (edited 9mo)

A quick look claims it is about usd $700 000 (not invested but purchasing power), however i imagine in 1973 it could buy a lot more back then, than the equivalent of 700 000 today.

a brand new car in 1973 was about 3800 for a ford ltd, a bmw (2002) $4500. Average house price was $32 000

I guess the choice of a 10% share or money in a shoe/ clothing company might be a bit risky no matter what the year. so many companies go bankrupt.