Matthew Yglesias

@mattyglesias ↗

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Last Checked March 20, 2021

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Wed Feb 03 17:59:30 +0000 2021

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Matthew Yglesias @mattyglesias

I remember going to a liquidation sale at the Borders in Pentagon City. It's rare for a big public company to go out like that, but they were literally selling the shelves and the chairs and the lamps along with the books. The company is what it owns and shares are control. — PolitiTweet.org

Posted Feb. 3, 2021 Hibernated

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Matthew Yglesias @mattyglesias

I would also say that of all the forms of financial assets, stock are the most "tethered to reality." Shares in GameStop give you control over the company which in turn owns various hard assets, trademarks, etc. — PolitiTweet.org

Posted Feb. 3, 2021 Hibernated

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Matthew Yglesias @mattyglesias

@M_C_Klein Yeah, I accidentally discovered while researching One Billion Americans that the USSR in the 1960s was way more formidable than I'd realized. — PolitiTweet.org

Posted Feb. 3, 2021 Hibernated