$1 Billion dollars is hard to imagine....
in response to
by
posted on
Feb 07, 2017 04:28PM
I would wager that this forum has some participants who have more invested in RVX than Dart does, in terms of this investment being a % of one's entire net worth.
$1 million, for those of us old enough to remember a TV show like the Beverly Hillibillies....$1 million was an unbelievable sum. Now in some Toronto and Vancouver neighborhoods that's the value of a simple 3 bedroom family home.
Someone who has $1 million and invests like a genius on steroids, and garners a 1,000% return...turning $1 million into $100 million, he's (or she) still $900 million from joining the billionaire class.
Dart's involvement here is a net positive in my eyes....but he could take the entire company private, buying it for a cool $1 billion $USD and would still have more money left over than hundreds of average wage earners will see in a life time cumulatively.