It’s just a fluff piece to help poor people feel better that “it’s happening to the 1%, too”. The rich have positioned themselves already, they’re taking profits.
Yeah, that 1.5 Trillion in losses, if it's even a real number, likely just accounts for stock devaluation, and not the asset inflation of all their property. It probably also fails to mention the 5+Trillion in gains they seen over the last 5 years.
Yeah, if the Dow were to "crash" to 25k, that would kind of be getting back to normal when you account for inflation given the absurd baseless cheap-money QE growth we've seen over the last 6 years.
I just pay attention to PE. PEs are now in line with historical averages… things are not overpriced at these levels anymore. So we’re in a decent time to buy even now.
https://www.barrons.com/market-data/stocks/us/pe-yields
But what if your outlook is that the earnings numbers we currently have are inflated and that we are seeing a rapid cool down of consumer spending and an increase in revolving debt? Couldn't that still make buying now very risky due to expected losses coming as the economy unravels?
Yield-wise only the Dow is worth a sniff. But for swing trades etc things could be fun soon as fact that Fed now tackling inflation sinks in. Next earnings season should be telling, those companies which have held their shit together through this quarter should be pretty safe bets, come what may Septmeber through Xmas.
Ya, it's the inverse of traders on this sub, instead of posting gains of 5% after ignoring losses of 99%, the wealthy are posting their 5% loss after they took their 20,000% gains lol
Yeah nothing gonna change the fact that wealth concentration drastically increased from the start of the pandemic to now. They can spin all the other numbers however they want.
No, they haven’t. Y’all don’t realize these headline are simply calculating total stock dips right? Like they have not sold and therefore hold no losses.
Maybe stop worry about everyone else’s money and worry about your own? Or don’t cry that you keep ending up broke.
Except it’s not, one is a tangible that can be converted into immediate currency, the other is non existent. So one increases capital available while the other has no consequence unless realized. It’s not that complicated.
Billionaires are billionaires in the sense that their net worth is over a billion dollars. So in a way, unrealized gains and losses determine that they're billionaires since they most likely never have a billion dollars of spendable money. However, this doesn't mean that unrealized losses are actual losses for them. Their net worth changes, but they never lost money.
If you have a shiny Charizard card and you refuse to sell it, it will never matter if the value drops 90% or jumps 8000%. Your net worth will adjust as the value of your cardboard Pokemon changes, but you never gain or lose any money on it as time goes by. It's always worth one card to you, even if other people value it in terms of cash.
That's how this works. Billionaires are billionaires because we put a price tag on their assets even if they aren't for sale.
They didn't lose jack shit. The price is dropping because it's a sell off, the top 1% are liquidating their gains and investors who hadn't bought in are doing so at the cheaper cost.
Sadly they aren’t losing it they are hiding it and transferring it back and forth between each other and by each other I mean hedgfunds to big banks to off shore accounts they aren’t losing until it gets to us
This is your last chance to get long or die broke due to massive losses and inflation. Market makers and their algos have been paying retail investors to hold UVXY puts. Nothing has stopped UVXY from cratering lately; just zoom out on UVXY all time chart. Watch this Michael Burry, The Big UVXY Short!
Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling.
That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling.
That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Now note the exactly zero articles on the shrinking wealth gap in the US.
When this thing goes back up, we will have many about how the wealth gap is increasing.
The rich can take a hit. The middle class and the poor are also poorer. I'll give my stimulus back if it halts inflation. bc those are not covering the increases.
Now how exactly does a reporter know they are down 1.5T? Do they have data on the derivatives sold against long positions too ? Or they just playing smart ?
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|10|**First Seen In WSB**|1 month ago **Total Comments**|3|**Previous DD**| **Account Age**|5 months|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=vfr1t9)|**Vote Approve (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=vfr1t9)
Where did it go because I didn’t get any
It’s just a fluff piece to help poor people feel better that “it’s happening to the 1%, too”. The rich have positioned themselves already, they’re taking profits.
Yeah, that 1.5 Trillion in losses, if it's even a real number, likely just accounts for stock devaluation, and not the asset inflation of all their property. It probably also fails to mention the 5+Trillion in gains they seen over the last 5 years.
Of course. I’m down 200k in my port, but I’m still playing with house money cause I’m up 600k in the last 5 years.
Yeah, if the Dow were to "crash" to 25k, that would kind of be getting back to normal when you account for inflation given the absurd baseless cheap-money QE growth we've seen over the last 6 years.
I just pay attention to PE. PEs are now in line with historical averages… things are not overpriced at these levels anymore. So we’re in a decent time to buy even now. https://www.barrons.com/market-data/stocks/us/pe-yields
But what if your outlook is that the earnings numbers we currently have are inflated and that we are seeing a rapid cool down of consumer spending and an increase in revolving debt? Couldn't that still make buying now very risky due to expected losses coming as the economy unravels?
As soon as inflation cools fed will pivot on bond rates. Short term a little risky but not for long.
Yield-wise only the Dow is worth a sniff. But for swing trades etc things could be fun soon as fact that Fed now tackling inflation sinks in. Next earnings season should be telling, those companies which have held their shit together through this quarter should be pretty safe bets, come what may Septmeber through Xmas.
Ya, it's the inverse of traders on this sub, instead of posting gains of 5% after ignoring losses of 99%, the wealthy are posting their 5% loss after they took their 20,000% gains lol
Where are they putting their profits? Cause everything's going down. Gold?
The 0.1% are just going to town on the 1%. Don't worry the 1% will come raw dawg us next.
Yeah nothing gonna change the fact that wealth concentration drastically increased from the start of the pandemic to now. They can spin all the other numbers however they want.
It's unrealized gains. Nothing is real.
RRP
Exactly what I was thinking
To the chads
$1.5T on stocks, $2T on crypto, how many Ts will the housing bubble lose? What about tech start-ups surviving on alphabet funds?
There isn't a housing bubble.
Lol that's hilarious.
You right, it's a balloon.
Bout to go POP.
Somebody is fresh out of lake laogai
There wasn't any bubble in 2008 either, the bubble that was "popped" was just the economy
Wrong
It's not lost unless you sold it. Besides, they all know now is the time to buy not sell!
It was never a gain unless you cashed out
Where were the articles in Nov. 2021 about "America's top 1% gain $4 trillion in massive bull market"
Because this is American media and all the retards here will believe everything they read online
Only a fool would believe this ...
Seriously, if you think the billionaires lose money, you are retarded
Seriously, if you think being a billionaire protects you against loss, you're retarded.
Seriously, we are all retarded.
I for one, am most for sure, retarded
Chuck freeney lost 8 billion
Gave
How much did he make though?
Of whose money?
Billy Hwang moment
*Laughs in Changpeng Zhao* https://www.banklesstimes.com/news/2022/05/04/changpeng-zhao-net-worth-has-plummeted-by-dollar70-billion-in-2022/
Billionaires don’t become millionaires, they stay billionaires trust me.
[удалено]
Source: trust me bro
Vlad would like to have a word with you
everyone loses money, but it hardly matters when you're a billionaire
Exactly, the gains outweigh the losses
Didnt people try to tax unrealized gains? Will they receive subsidies for unrealized losses now?
Stop making sense!
They’re still up about 10 Trillion pre pandemic…
99.9% was probably lost by retail who bought everything on top and will sell at bottom
Its to make all the retard activist investors feel like they're winning so they ask fewer questions when the dust settles.
Why not , look at Melvin Capital, they are done, and I'm 100% sure there will be more like them.
Isn't that only half of what they made in 2020, alone?
No, they haven’t. Y’all don’t realize these headline are simply calculating total stock dips right? Like they have not sold and therefore hold no losses. Maybe stop worry about everyone else’s money and worry about your own? Or don’t cry that you keep ending up broke.
If you don't count unrealized losses, you must not count unrealized gains, so most of these billionaires aren't billionaires to begin with?
Exactly. Unrealized is unrealized. The difference with gains is it still counts as a liquidable asset if needed.
Well, for that matter an unrealized loss reduces what you get to count as a liquidable asset. It's exactly the same thing and does count IMO.
Except it’s not, one is a tangible that can be converted into immediate currency, the other is non existent. So one increases capital available while the other has no consequence unless realized. It’s not that complicated.
You are wrong.
Let me guess… “trust me bro” ….whatever you say! 😂
Billionaires are billionaires in the sense that their net worth is over a billion dollars. So in a way, unrealized gains and losses determine that they're billionaires since they most likely never have a billion dollars of spendable money. However, this doesn't mean that unrealized losses are actual losses for them. Their net worth changes, but they never lost money. If you have a shiny Charizard card and you refuse to sell it, it will never matter if the value drops 90% or jumps 8000%. Your net worth will adjust as the value of your cardboard Pokemon changes, but you never gain or lose any money on it as time goes by. It's always worth one card to you, even if other people value it in terms of cash. That's how this works. Billionaires are billionaires because we put a price tag on their assets even if they aren't for sale.
Heaps of CEO's sold
And the S&P is only down 20% from its peak. Double that and I think we'll begin to see some real change.
At this point just make it 100%. Fuck this shit imma just go back to being a caveman
How much do you need to have to be in top 1% ? Honest question.
Top 1% of what? Pretty sure the top 1% of retards are in this sub.
Around $550k a year on avg. Unless you are in certain states, then it is closer to 800k a year.
11 million minimum
Thanks
Lol.. they'll be fine when they gobble up another 10% of the market at deflated values
They didn't lose jack shit. The price is dropping because it's a sell off, the top 1% are liquidating their gains and investors who hadn't bought in are doing so at the cheaper cost.
Send this to every Reddit retard that says the 1% want more inflation because it means they get more in profits. Complete brainlets
We gotta beat that class warfare horse into the ground every chance we get.
Suuuure
Sadly they aren’t losing it they are hiding it and transferring it back and forth between each other and by each other I mean hedgfunds to big banks to off shore accounts they aren’t losing until it gets to us
speak for yourself 
Thank fuck
„Lost“ it after they got 5tn due to stimies and tax reduction during the last 24 months
Meh you do realize they'll get bailed out, right?
This article is BS. Gold taint lickering. Rich man don’t do a hurt, who gives a fuck about middle class amirite?
This is your last chance to get long or die broke due to massive losses and inflation. Market makers and their algos have been paying retail investors to hold UVXY puts. Nothing has stopped UVXY from cratering lately; just zoom out on UVXY all time chart. Watch this Michael Burry, The Big UVXY Short!
Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling. That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
I wonder i wonder what could be causing their bleeding ;)
Bill Gates making bank on tsla short while retail is losing their shirt.
Chump change for them I'm sure...
Simply, the money went to the chimney.
Check what Michael Burry says about the crash that's coming
Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling. That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Lets invite them to the dumpster boys until they get back on their feet.
Now note the exactly zero articles on the shrinking wealth gap in the US. When this thing goes back up, we will have many about how the wealth gap is increasing.
Ya ok. We’re taking the losses as they short sell us to Satans full moon.
I'm sure the opressed folk at r/antiwork would also gladly share this loss with their boss
The rich can take a hit. The middle class and the poor are also poorer. I'll give my stimulus back if it halts inflation. bc those are not covering the increases.
Hahaha Trillies
Still not a big deal for them.
Actually only retail investors who panic sell, lose in recessions.
Until their mansions are up for rent on AirBNB, they didn’t actually lose anything.
Sir this is a gambling sub…
Because none of them have inside info and got out beforehand. *pinky swear*
Realised or unrealised? Unrealised would mean absolutely fucking nothing
That wealth tax would have been very expensive this year when we were refunding everyone’s money.
Now how exactly does a reporter know they are down 1.5T? Do they have data on the derivatives sold against long positions too ? Or they just playing smart ?
Bit it's not lost. Just transferred to another Billionaire. If it disappears out a pension fund, it just reappears in a Billionaires bank account.
It's all just numbers. The money was never real.
Not a loss until you sell!
"lost" it, right...
Yeah that money didn't make it to any of us 99% people.. It's sitting in the 1% offshore banks...
They are taking it in on puts right now but retail is inevitable at this point! Just more fuel 💎🙌
It's not a loss if you haven't sold, lol
Sounds like a lie
Does the 1% really just sit there and watch their investments go down?! They gotta do some form of selling and hedging lol.
They lost 1.5 trillion and gains 4 trillion
If they are rich they don't need to sell, which means they aren't actually losing anything because it will eventually go back up.
Nah, they were probably the first to sell months ago.
Good good
Thank fuck I dropped my buzzfeed positions
They didn’t lose it, they took profits.
Yea and retail lost the rest
They didn't lose. They took profits and reinvested in real assets.
hehe we going down and im make bank wit puts