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Old 12-26-2019, 09:26 AM   #754
Enoch Root
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Join Date: May 2012
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Quote:
Originally Posted by GreenLantern2814 View Post
I came across a great way to distill the difference between a millionaire and a billionaire a few weeks back.

Imagine every dollar is one second. If you have a million dollars, that equates to roughly 11 days.

At a dollar a second, a billion dollars is 31.5 years, ish.

That's why Murray Edwards shouldn't be pinching pennies over $3M this way or that. Because it's one month vs 46 years (assuming an accurate read on Edwards' net worth @ $1.5B).
Well, you learned a way to illustrate the difference between a million and a billion. But you definitely missed the lesson on how to become or remain a billionaire.
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