Some might not understand HOW the Billionaires got RICHER during COVID-19. Come on in.
This is really simple.
It's the stock market.
I'm an amateur dabbler but keep a close eye on the markets.
In March of 2020 the bottom dropped out of everything.
SPY is a tradable fund of S&P 500 companies. It's a commonly invested-in vehicle.
On 3/20/20, SPY hit a low of $228 a share. Today it's $425.
But that's JUST a ~100% profit. There's a way the Billionaires multiplied that.
Through options trading, you could buy contracts controlling 100 shares per option contract betting for a higher stock price in the future.
For example, cost to buy 1000 shares of SPY on 3/20/20 = $244,000
But on 3/20/20 you could buy 100 options contracts for SPY for maybe... $100,000 which gave you control over 10,000 shares of SPY for 6 months without actually owning them. For every dollar past the "strike price" SPY went, you pocketed $100 per contract.
Let's say in March 2020, you bought 100 options of SPY for 6 months, with a strike price of $250.
On 9/20/20, SPY was selling for $330 a share. That's $80 per share profit, or 80 x 10,000 = $800,000, a $700k profit after the premium.
This is just ONE example.
Anyone who put money in the market in March or April of 2020 made a fortune. Nearly EVERY stock doubled or even tripled from 3/20 to today.
Examples:
TSLA $85 on 3/20... $610 today
JP Morgan Chase $83 on 3/20... $160 today
AMC (movie theater) $3 on 3/20... $50 today
People made more money in a year than most people make in a lifetime... during a global pandemic that killed MILLIONS.
And for those who say "Didn't they lose money in the crash?"
Yes they did. Temporarily. But the rich have the cash to dump back in while the market was down.
Go look at your local Rolls Royce Dealer, Porsche, Lamborghini, Ferrari and Bentley...
They're OUT OF CARS, I shit you not.
The largest RR dealers in the country have less than 10 cars in stock. Their $400k SUV has been out of stock nationally for months with a 2 year waiting list.
The RICH are swimming in money right now.
I have NO COMPASSION for those on the Left OR Right who coddle Billionaires. I don't care which side of the fence the Billionaire straddles, no mercy. Musk, Bezos, Zuckerberg, Cuban, Gates... all get positive press 24/7 because they're perceived as friends of the progressives...
They're playing all of us.
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while the rest of the people suffer and are losing their small businesses. 
