Reason #219504 Why Bill Gates Is the Richest Man in the World
Because he has enough damn sense to regularly divest himself of his Microsoft stock and invest the profits in other things.
But it is things like this (WSJ; reg req), which make you feel like there is some justice in the world.
Mr. Ebbers, who at one time had assets estimated at more than $1.3 billion, never sold his millions of shares in his old company and saw the bulk of his wealth evaporate as WorldCom's stock was wiped out by its stint in bankruptcy protection.
Bernie, Bernie, Bernie. You never diversified? Dude, that's just frickin' awesome. And when I say awesome, I mean moronic. All that wealth wiped out when your house of cards came tumbling down. But, you know, it couldn't happen to a nicer guy.
Comments
What's reason 101,345?
Posted by: Jon | February 23, 2005 06:31 PM