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A comment on Jeff Bezos sells $1.8bn of Amazon stock. Parent comment

Re:Jeff Bezos sells $1.8bn of Amazon stock by erikpukinskis on Thursday August 01, 2019 @12:23PM (#20585348)
Debt costs money. If you are an investor you want to take as much of a share of profits as you can.

Hedges like that are for people who can’t afford to cover the downside. Bezos can, so a hedge would just lower the value of his overall holding.

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Re:Jeff Bezos sells $1.8bn of Amazon stock by mruts on Thursday August 01, 2019 @12:31PM (#20585469)
No, he would make more money using debt than selling shares. Assume he borrows at 3%, then Amazon just needs a higher return than 3% and he has made more money than just selling the shares.

What you’re saying doesn’t make any sense.

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Re:Jeff Bezos sells $1.8bn of Amazon stock by mantap on Thursday August 01, 2019 @01:29PM (#20586182)
Debt has a psychological cost too, you owe something to someone, in this case several billion dollars, so not pocket change. Perhaps, after becoming the richest man alive, being free of debt is worth more to him than extra money.
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