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A comment on Eric Schmidt to Sell $335 Million of His Google Shares.

Re:Eric Schmidt to Sell $335 Million of His Google Shares by napierzaza on Friday January 21, 2011 @08:12AM (#2127250)
For a little "walking around money".

But I imagine it's for liquidity's sake. Why would he think that the thing he has the most control in would stop being the best thing to invest in? It's like someone who owns a bagel shop selling some shares to own part of a coffee shop down the way.

Unless there are things out of Google's control that are coming, which might change the valuation. Or more importantly, impact their profit potential/share value increase potential?

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Re:Eric Schmidt to Sell $335 Million of His Google Shares by stcredzero on Friday January 21, 2011 @09:47AM (#2127466)
Why would he think that the thing he has the most control in would stop being the best thing to invest in?

Because he knows he's fallible?

It's like someone who owns a bagel shop selling some shares to own part of a coffee shop down the way.

That might actually be a smart move.

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