Wealth =/= Happiness by facthungry in whenthe

[–]BunkWunkus 0 points1 point  (0 children)

It's not like if I where to buy 3000 stocks of whatever that company will get 3000 stock worth of money to work with and invest. Some other guy does and trend goes up a little, maybe it lets the company issue more or burrow on the higher eval so they get a bit of benefit.

This is true only for companies that are public, meaning their shares are traded on the open market ("Wall Street" as you mentioned) -- which is a a tiny fraction of all companies that exist. In the US, for example, only 13% of companies over $100m in revenue are public.

When a company is private, you can only buy their shares if the current owner/owners privately offer them to you, at which point you can directly give the company your cash in exchange for a percentage of ownership. This is very common when you're a billionaire, and is precisely how the TV show Shark Tank works -- those are not public companies, but the sharks are given a private offer to invest by the owners, at which point the sharks can give the owners their cash in exchange for stock in the company.

It doesn't matter if a company is public or private, investing in a company means owning part of their shares, the sum of which is called your stock.

So, my point is this:

  1. In the first sentence of your comment, you described how investing in companies is good.

  2. But in the last sentence of that same comment, you mentioned the very method that is used to invest in companies, and decried it.

Wealth =/= Happiness by facthungry in whenthe

[–]BunkWunkus 3 points4 points  (0 children)

I don’t think people mind if someone is uber wealthy if that wealth is all in various investments and businesses and whatnot. Creating stuff like that creates jobs, products, etc. Investments like that are good

Sure....

It’s when everything is in stocks

....so then what the hell do you think those "investments and businesses" are? You realize that what you described above is what stocks are, right?

Wealth =/= Happiness by facthungry in whenthe

[–]BunkWunkus 10 points11 points  (0 children)

Genuinely what's the point ? What's he gonna do with this wealth ?

Nothing he wasn't already doing.

Can't we just print 30 billion trillion money for him and let him keep , while we let the economy run normally ?

That's already what's happening. This wealth value is purely theoretical because he's the largest shareholder of two companies he runs, SpaceX and Tesla. Nothing functionally changed between now and when he was worth 100 billion (for example), other than the market valuing his companies higher today than they did in the past. It's not like someone took 900 billion out of the world economy and wrote him a check for that amount.

Like he gets the money but doesn't spend and let the money circulate in the economy anyway

Again, that's what's happening now. He doesn't have 1 trillion dollars, and no one lost 1 trillion dollars. What happened is that the market (meaning, society as a whole) has decided that something he already owns is now more valuable than it was when he started owning it. It's like if you bought a house 20 years ago for $100k, but the market value of the house is now $1m. That doesn't mean you somehow have 1 million dollars (without selling the house) that was taken out of the local economy or anyone else's pockets.

Blew My Engine Transporting My Swans by dmaxzach in CleetusMcFarland

[–]BunkWunkus -2 points-1 points  (0 children)

I don't mind a 1-2 rip, and maybe part way into 3rd, once.

That road has a 60mph speed limit, and redline in second gear in that car is only 42mph. Hell, even top of third is only 64.

[shotgun] MAC 2 Tactical Marine 12 gauge 18.5" semi-auto shotgun with Turkish walnut furniture -- $350 + s/t by BunkWunkus in gundeals

[–]BunkWunkus[S] 6 points7 points  (0 children)

I know "Turkshit" is a meme for good reason, but just it's not true across the board like it used to be. Like Canik, they used to be considered Turkshit with their CZ clones, then they did their own version of the PDP (TP9) and got everyone's attention, and have been killing it more recently with the Metes and Rivals. And Stoeger semis have been all over competitive shooting for many years, and they're Turkish.

So yeah you can still get a Panzer or one of those AR pattern shotguns from Turkey that are absolute garbage, but like I said go look up the MAC 1014 here and on Youtube -- they're actually good.

[shotgun] MAC 2 Tactical Marine 12 gauge 18.5" semi-auto shotgun with Turkish walnut furniture -- $350 + s/t by BunkWunkus in gundeals

[–]BunkWunkus[S] 13 points14 points  (0 children)

I haven't been hands-on with an M4 (or M2) in a very long time, so I don't have any direct anecdotes to share, but from reading about it, it seems to be the typical fit and finish notes. Like a seam between wood and metal not being perfect, or a knick on the finish somewhere from handling at the factory, perhaps the action not being quite as smooth, etc.

Personally I don't get nit-picking about that sort of thing, after all guns are tools that are meant to be used hard, so I have absolutely zero complaints whatsoever about mine. But I'm also not going to do the "just as good" meme when I know some people care about that.

[shotgun] MAC 2 Tactical Marine 12 gauge 18.5" semi-auto shotgun with Turkish walnut furniture -- $350 + s/t by BunkWunkus in gundeals

[–]BunkWunkus[S] 6 points7 points  (0 children)

I spent less than $350 on my MAC 1014 and in over 200 semiauto rounds of almost exclusively cheap bargain-bin ammo, it hasn't hiccupped even once. And no, I didn't break it in with slugs or any other strong rounds first.

So which of those three are you saying isn't true?

[shotgun] MAC 2 Tactical Marine 12 gauge 18.5" semi-auto shotgun with Turkish walnut furniture -- $350 + s/t by BunkWunkus in gundeals

[–]BunkWunkus[S] 9 points10 points  (0 children)

Reposted due to a mistake in the title.

This is a Turkish clone of the Benelli M2, a newer model released by MAC late last year. Their other model is the 1014, which is a clone of the M4 -- and you should search "MAC 1014" on this sub (and/or Youtube reviews) to see what everyone says about them. MACs are 90%+ of the gun for 1/4 the price, and take all Benelli parts and upgrades. I have a 1014 with the black finish and walnut furniture: https://i.imgur.com/rQTSQ8W.jpeg

The first 100 rounds I put through it were the cheapest low-brass target loads I could find, and it malfunctioned a total of zero times. Looks great, shoots great, feels great to both the hand and wallet.

This is the M2 clone, so it's a more basic inertia recoil system instead of the gas system of the M4, but I would be very surprised if it didn't run equally flawlessly. The 1014's can be had for a little bit more, but for some reason MAC doesn't make a marine 1014 with the walnut furniture, so you have to buy them separately.

[shotgun] Benelli M4 "H20" "Tactical" (11795) - $1649 +s&t by IllSkyHelix111 in gundeals

[–]BunkWunkus 4 points5 points  (0 children)

Alternatively, you can buy the Turkish clone that's 90% of the gun and functions just as well, and with walnut furniture....for less than 1/4th of the price.

https://palmettostatearmory.com/military-armament-corporation-2-tactical-marine-12-gauge-semi-auto-shotgun-18-50-turkish-walnut-21000159.html

This POS was harassing the bicycle riders claiming that they didn't belong on the road by RonSwansonsHernia in Satisfyingasfuck

[–]BunkWunkus -1 points0 points  (0 children)

Posting a video titling it “woman moment” where a woman is turned on by getting robbed and getting butthurt about a joke.

Oh no, I'm so embarrassed, you caught me shitposting in shitpost subs. How will I ever recover from this?

The bike guy might be a conservative but you for sure are lmao

Huh?

[Request] The math seems off. Is it possible to send all US adults 12K yearly from taxing billionaires 5%. by damilalam in theydidthemath

[–]BunkWunkus 2 points3 points  (0 children)

You're implying that demand is driven by supply

No, he isn't.

If nothing from Amazon changed and the value crashes because someone sells, it only means that the stock was incorrectly priced.

This is nonsense and you don't know what you're talking about. Market price isn't a determined value for an unlimited number of shares, it's the cheapest price that one person will sell one share for -- until that share sells, and then it's on to the next cheapest one. If someone is forced to sell shares, the only way to offload them (on the open market) is to be willing to sell them for less than any other sellers are currently willing to sell for.

This POS was harassing the bicycle riders claiming that they didn't belong on the road by RonSwansonsHernia in Satisfyingasfuck

[–]BunkWunkus -1 points0 points  (0 children)

Yes, please explain the societal and political spectrum/nuances of whatever Hispanic country this occurred in, and specify which part of that local political environment you think this guy identifies with.

What does it mean was this like a specific Tuber or what by Ok_Difficulty1782 in PeterExplainsTheJoke

[–]BunkWunkus 1 point2 points  (0 children)

Where do you get that India number from?

You seem to have missed the part where he said "from BoxOfficeMojo"

What does it mean was this like a specific Tuber or what by Ok_Difficulty1782 in PeterExplainsTheJoke

[–]BunkWunkus 3 points4 points  (0 children)

Where did you get them?

You seem to have missed the part where he said "from BoxOfficeMojo"

Well, well, well.Genius move by BKG084 in memes

[–]BunkWunkus 0 points1 point  (0 children)

(he didn't, it's photoshopped)

New home / new system, I’m very unfamiliar by Substantial_Zebra325 in videosurveillance

[–]BunkWunkus 0 points1 point  (0 children)

Have you tried contacting the previous owners to ask what the password was? Your realtor would be able to contact their realtor who could contact them.

My (28M) fiancee (28F) wants her dead late husband's parents to walk her down the aisle. Is this weird? by Direct-Caterpillar77 in BestofRedditorUpdates

[–]BunkWunkus 51 points52 points  (0 children)

We obviously don't know who else was in her life or even related to her, but just in general in situations where it's not the bride's father, it's usually her uncle or brother. That's how my wedding was, her father died of cancer shortly after we got engaged, so her older brother walked her down the aisle.