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It’s only money

8 August 2011

 Carlos Slim lost EIGHT BILLION DOLLARS in four days.  That’s about 83 million dollars an hour.

Much of the loss is attributed to a decline in the value of the Peso against the dollar, but a drop in world-wide stock prices (especially on the Mexican Bolsa) contributed to the eleven percent drop in Slim’s reported wealth.

Hey, what’s the big deal?  Slim has long maintained that measurements of wealth are less important than the businesses that represent, and besides — having gotten his start in business by trading baseball cards —   all that really matters is that he still has enough to take himself out to the ol’ ball game.

 

Red Sox designated hitter David Ortiz and some Mexican guy

 

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