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To: Disestablishmentarian

:: I still do not understand why you think Bezos would use OPM (Other People’s Money) to buy WAPO. ::

Because *no one*, of Bezos’ wealth, uses his own money for such an “investment”.
That’s what banks and funds are for.


665 posted on 01/02/2019 1:47:24 PM PST by Cletus.D.Yokel (Catastrophic, Anthropogenic Climate Alterations: The acronym explains the science.)
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To: Cletus.D.Yokel
This is correct!

I was given business advice by one of my Dad's friends at a very early age. He said "never use your own money in business. never."

669 posted on 01/02/2019 1:51:59 PM PST by USMC79to83
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To: Cletus.D.Yokel

Exactly right. Ive been around “money” all my life and this is exactly true!


672 posted on 01/02/2019 1:54:20 PM PST by Enigo54 (Hank Reardon was right)
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To: Cletus.D.Yokel
Because *no one*, of Bezos’ wealth, uses his own money for such an “investment”. That’s what banks and funds are for.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

That is simply not true.

A person as wealthy as Bezos has great difficulty finding worthwhile places to park their money. They do not need to pay other people to use their money.

I am not Bezos' financial confidant. But I do not believe he would use market financing to purchase WAPO.

Of course investment bankers still get their hands greased during the transaction. Fairness opinions, advising both buyer & seller etc. That's the rules of their rigged game.

709 posted on 01/02/2019 4:03:54 PM PST by Disestablishmentarian
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