FBR 0.00% 3.8¢ fbr ltd

Updated aerial of FBR HQ 24th of June 2018, page-281

  1. 1,994 Posts.
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    @Burlzey
    No different to my net worth in that respect.
    Some of my net worth is equity in my house (property)
    Some in my holiday place
    Some in my business
    Some in my cars
    Some in shares
    Some in superannuation
    Some in cash (that I can use to buy FBR shares if I wish)

    So still FIL buying $20 mill into FBR is similar to me choosing which beer I am going to drink at the pub tonight.

    Lets not delude ourselves.
    Inequality is a massive problem in the world.
    In 2019 the top 26 people owned the same total net worth as the bottom 3.8 billion.
    FIL buying a $20 mill stake in FBR is like me buying a couple of beers. It is great for FBR. But it is meaningless to FIL.

    Last edited by adent: 15/03/19
 
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