>>60595074 (OP)Media reports on stock price increases as if it's automatic money in the bank. It's the most disgusting absurd blatant lying but they do it all the time and retard poors still fall for it.
I.e. I have $10 billion in X stock in current year, after starting the company 40 years ago. Maybe in the past that X stock took a dive to nearly $0 (but the media never reported then that I was broke). Anyways, now it's worth $10 billion.
Let's say the stock briefly does a 4x pump one day before dumping a bit again. The media is going to report that as a "$40 billion gain" for me. Doesn't matter if I didn't sell any stock that day. Doesn't matter if selling $40 billion worth of X stock wouldn't even be possible because it would immediately start tanking the price if I sold off even $1 billion worth. Doesn't matter that I'd have to pay taxes on whatever I sold. Nope, you now have $40 billion, according to the media. They do this with Elon Musk mostly. It's just blatant lying, they know they're lying but they also know their readers are cretins