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The Rise and Fall of Matchbox's Toy-Car Empire

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182 points NaOH | 1 comments | 15 Oct 24 20:51 UTC | HN request time: 0.198s | source
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rob74 ◴[17 Oct 24 12:05 UTC] No.41868841[source]▶
> Mattel is looking over its various intellectual properties and imagining a Scrooge McDuck–sized swimming pool of cash.

Pah, these small reporters with their small ambitions! Scrooge McDuck didn't have a "pool of cash", he had a whole silo-sized building filled with cash, and the "pool" that he used to swim in was merely the visible surface of it: https://www.duckipedia.de/images/archive/d/d3/20230517100725...

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chongli ◴[17 Oct 24 12:46 UTC] No.41869152[source]▶
Also Scrooge’s cash was in the form of gold coins that appreciate in value as commodity gold does. If it were a silo full of fiat currency it would be depreciating with inflation!
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rwmj ◴[17 Oct 24 12:51 UTC] No.41869202[source]▶
But better would be a swimming pool full of stock certificates.
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Filligree ◴[17 Oct 24 12:57 UTC] No.41869250[source]▶
He tried that; it wasn’t better. Though arguably only due to Scrooge’s naivety.
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1. foobarian ◴[17 Oct 24 13:32 UTC] No.41869519[source]▶
He probably got greedy and didn't stick to plain old boring index certificates and bonds.