this post was submitted on 07 Sep 2023
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[–] [email protected] 56 points 1 year ago (1 children)
[–] [email protected] 16 points 1 year ago (3 children)

This is the quote:

"I don't see any scenario where they're responsible for less than 10% of the value destruction, so around $4 billion."

In my head, he is comparing the minimum size of ADLs value reduction to be 10% or 4 billion. 10% of 44 billion is 4,4 billion. In this comment he is not saying anything about the current value except that 10% of 44 is around 4.

How else can you read it?

[–] [email protected] 18 points 1 year ago (1 children)

He's saying that 10% of the value reduction is 4 billion so the total value reduction is 40 billion (of the 44 billion he bought it for).

But you're right, he probably meant it like you read it and just failed to express himself properly.

[–] [email protected] 9 points 1 year ago (1 children)

Are you saying that real life "Tony Stark genius, billionaire" is a bit thick and incapable of expressing his thoughts coherently?

I'm shocked I tell you. Shocked...

[–] [email protected] 2 points 1 year ago

Don't forget philantropist

[–] [email protected] 9 points 1 year ago (1 children)

You can read it as “being responsible for 10% of the [total] value destruction, equal to $4B”.

So if they’re responsible for 10% of the total value loss, and that’s equivalent to $4B, then 100% of the total value lost would be $40B.

Otherwise you would say “they’re responsible for destroying 10% of the value”.

[–] [email protected] 1 points 1 year ago

Right. So it's a Schroedinger's quote...😑

But thanks for pointing out what was obvious for others

[–] [email protected] 3 points 1 year ago

I think you replied to the wrong comment.