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In reply to the discussion: Extreme Wealth [View all]LuckyCharms
(19,547 posts)I was watching a stock trade one day.
I was looking at Level 2 data, watching the quantity of shares traded.
The lot quantities were coming in fast and furious...100 shares...500 shares...10,000 shares. They were coming in so fast, ALL DAY, that you could barely read the screen.
I started thinking...what if the quantity of shares was actually dollars instead?
100...100...15,000...40,000...17,000...coming in so fast and furious that you can't read them, for 6.5 hours during the trading day.
What if those lot quantities were dollars. I wonder if it will hit a billion?
Didn't even come close to a billion at the end of the day.
I posted in another thread how most people cannot appreciate how big a billion of something is.
It's an incredible amount of money.
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