SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: llamaphlegm who wrote (16943)9/11/1998 9:38:00 PM
From: Bill Harmond  Read Replies (2) of 164684
 
>>He agrees to give to MSDW the total return on his AMZN holdings and MSDW agrees to give him the total return (capital gains plus dividends) on some index -- we can just say the s&p 500 minus of course a nice fat transaction fee. MSDW, no fools they, just hedges it's amzn position by shorting an equal amount.

Oh, I see. That's how Bill Gates got to $50 billion...by off-loading his Microsoft risk! Jeez.

When exactly did Jeff enter into this arrangement? How then is he worth a billion?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News