Biz IQ test

Nigger should’ve hodl, imagine the tax

Time to go back to your special Ed class.

Dangerously based

Adjusted for inflation that'll be about 0.0003 dollars.

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>I get financial advice from people like this, on a taiwanese coffee brewing and business development
I'm uninstalling Any Forums right fucking now. I'm going back to /cm/

$35.99

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8.595

He made 2000% profit
It's all about the percentages abby.

10
he lost the 10 when he fomo'd back in at 80 when you finally sold again at 80

ten bucks

He didn't make anything. At best he performed some arbitrage to slightly increase goat liquidity and price stability.

actually its $30 just did the maths

Are you all actually fucking retarded? The answer is 20.
2 trades
First trade: 60 cost, 70 revenue from sale = $10 profit
Second trade: 80 cost, 90 revenue from sale = $10 profit
Add them together and what do you get morons?

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Why are there so many brainlets on biz??

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About tree fiddy

You have to count sex with the goat as a profit as well.

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Do Kwon is that you??? Or is this the ghost of bernie madoff?

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>Fed reserve prints $90 billion dollars
>how much money did they make?

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he had to pay $10 because he fucked the goat in between so it ends up being 10

lmao you've fallen for a classic Any Forums troll

Zero

About Tree fiddy

show your work or forever be disregarded as a moron with nothing of value to add

This.
and checked.

>t. retard that called someone dumb for getting the right answer, all the while refusing to provide his own
Yeah delete yourself IRL

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The answer is actually $30....90-60=30
>I have a PhD in math and work at KPMG.

That is called a Ponzi Scheme..

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Zero. He "made" no money.

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he fucked the goat

He didn't make any profit from the 70 to 80 mark you fuckin idiot.

It's $20, it's either retards or discord gendered who say otherwise.

the answer is literally 20

That's common core math. I only do real math, pre-Obama math.

He didn't make any money. He went back to breaking even when he sold at $90. Not sure if you guys are troll or really this stupid...

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He is correct.
Total cost: 60+80 = 140
Total sales: 70+90 =160.
160-140 = 20.

This is an example of a washsale

Kwonzi*

$0.00

he does it for free

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He is correct.
Total cost: 60+80 = 140
Total sales: 70+90 =160.
160-140 = 20.

This is an example of a wash sale

Pretend you start with 100$
100-60+70-80+90=120
120-100=20

he has $90

Assume the man starts with $100.
>he pays $60 for a goat
He now has $40 and a goat.
>sells the goat for $70
He now has $110.
>buys it back for $80
He now has $30 and a goat
>sells it for $90
He now has $120.

He made a $20 profit.

>he fell for the you've fallen for a classic Any Forums troll troll

No, they are genuinely that retarded.

He is correct.
Total cost: 60+80 = 140
Total sales: 70+90 =160.
160-140 = 20.

This is an example of a wash sale

Let's say he had $100 to his name
>bought goat for $60, now has $40 left
>sold goat for $70, now has $110
>bought again for $80, now has $30
>sold goat for $90, now has $120
So he made $20, right?

But if I look at the buys and sells, and reset the original amount of money to match the highest buying price, what do we get?

>starts with $80
>buys goat for $60, has $20 left
>sells it for $70, now has $90
>buys it back for $80, now has $10
>sells it again for $90, now has $100
alright, so $20 in profit again.

but what about

>man only has $60 to his name
>buys goat for $60, now has no money
>sell it for $70, now has $70
>Buys it back for $80 after borrowing $10 from a friend, now owes friend $10
>sells the goat again for $90, now has $90
>pays $10 back to the friend who loaned him money
>now has $80
$20 in profit again

OR

if we're counting the amount of money he COULD'VE made if he had just held onto the goat (bought at $60, sold at $90 for $30 of profit), he technically lost $10 of potential profit. Nonetheless, in reality he still made $20 in profit.

I'm I retarded? I just typed this out as I thought through it

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BIZ IQ question that 99% of people can't answer:

Q: How is all money created?

A: All money is created digitally by private banks issuing loans.

Proofs available at bankLIESdotORG

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You must be a grad student.

How long did he hodl the goat?