[–] 11 points 8 months ago (2 children)

No, it's a great example of it working. You posted a non-news post in a news-only community. The post getting taken down and you finding a more appropriate community to post in is the correct outcome. It's not a slight against you or the post, it just doesn't belong there.

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  • [–] 22 points 8 months ago (6 children)

    Lmao, the entire point of communities/subreddits is to only allow prescribed post types. One of the problems with reddit is that the major subs don't apply that rule harshly enough and now every major sub is just the same as the next with spammed karma farming bs that has nothing to do with the subreddit it's posted in.

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  • [–] 4 points 9 months ago (1 child)

    They changed their name to "AJJ" instead of the full previous name. Basically saying Andrew Jackson was a piece of shit and everyone already called them AJJ anyway. That was a loooong time ago now, like maybe a decade.

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  • [–] 5 points 11 months ago (2 children)

    No, because then the gains become realized and you'd need to pay taxes. Better to take a low-interest loan out against the assets and pay no taxes, like the meme says.

    Elon didn't sell $50B of stock to buy Twitter. He took loans from foreign nationals using stock as collateral.

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  • [–] 5 points 11 months ago (4 children)

    Not really, though. Maybe that money does something the day the holding is bought, but then it just becomes dead weight or even debt since the company might be eyeing it for a buyback. If I buy a stock for $1k today and in 10 years it's now worth $50k, that $50k isn't being used by the company to produce. It doesn't even exist at all until I decide to sell, at which point I keep the money for myself.

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