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A comment on Renaissance executives agree to pay around $7B to settle dispute with IRS. Parent comment

Re:Renaissance executives agree to pay around $7B to settle ... by mertd on Friday September 03, 2021 @12:45AM (#28400497)
They saved 6.8B seven years ago. If they put that money in broad market index, they already made the fine amount by now and then some.
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Re:Renaissance executives agree to pay around $7B to settle ... by anonuser123456 on Friday September 03, 2021 @01:06AM (#28400576)
The discount rate is usually based on a risk free asset. They could have put it in an index and ended up with a 30-40% decline in value as well.
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Re:Renaissance executives agree to pay around $7B to settle ... by hn_go_brrrrr on Friday September 03, 2021 @01:37AM (#28400748)
The Renaissance group is pretty well known for exactly the opposite of that, however.
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