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by godelski
1691 days ago
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I think you don't realize how much a billion dollars is. That's an insane amount of money. I'm not sure what the year of incorporation means here? That they have clearly been profitable for a long time and been making a lot of people a lot of money for that time? I'm sorry, everything you've been saying just keeps suggesting to me that this is profitable and good business. |
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This company has failed to give the opportunity to retire early to its owners ever since 1874.
The original founders didn't retire early for sure, and the 2nd generation and 3rd generation failed to do so as well.
And for sure this concrete company isn't giving a chance to retire early to those who own its stock today, because 1 billion split among the many millions of individual who own the stock makes the individual gains a non-life changing amount.
The only way you can retire early with this cement company is via betting on the stock using some insane 1000:1 leverage and trade its daily up&down movements.
Now take a second and just compare this cement company against the many thousands of millionaires that Microsoft minted over the years and that it continues to mint.
Some people have made millions from dividends and on top of that millions from the sheer stock appreciation, all that with an investment in the thousands or dozen of thousands at most.