Re:Michael Dell Gets $12B Richer with Break from Public Eye
by jonknee on Saturday January 19, 2019 @03:42PM
(#18949054)
> Also my long standing challenge, point out the index fund billionaire
OPs point was Dell experienced an average return and could have done this without all the work he did to take Dell private and then public again. The key is he was already one of the richest people in the world (from incredible percentage gains in the early days of Dell), once you're up there you can indeed passively invest and have huge returns for no work. The trick is all about getting the initial fortune.
OPs point was Dell experienced an average return and could have done this without all the work he did to take Dell private and then public again. The key is he was already one of the richest people in the world (from incredible percentage gains in the early days of Dell), once you're up there you can indeed passively invest and have huge returns for no work. The trick is all about getting the initial fortune.