this post was submitted on 04 Dec 2023
126 points (93.2% liked)

Asklemmy

43761 readers
1124 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
 

Assume that the future can change based on your actions, so any historical information that you bring along with you from the intervening 25 years may quickly drift out of the new realities history.

Edit: also assume that you can be given a healthy 21-year-old body if you want or take your previous self's place.

Further, identification will be provided for you if you were not born at that time.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] unoriginalsin@lemmy.world 3 points 11 months ago

Now, here's the thing. I'd say you would be sharing those winnings with the original winner unless you prevented them from getting the ticket

The January 2nd Powerball draw was not won by anyone and paid $39M.

That's plenty of seed money to invest in Google, Bitcoin, et al with perfect knowledge of stock trends. Even if it's only short term knowledge due to breaking from the original timeline, you could easily grow your investment into the billions overnight.

Perhaps the most amazing stock of the year was Xcelera.com, formerly known as Scandinavia. Once a closed-end fund specializing in Scandinavian stocks, and then an operating company that owned a hotel in the Canary Islands, it made a small investment in an Internet company last year. Before it disclosed that investment, the family of Alexander Vik, the company's chief executive, was given options to buy a million shares of stock, at a price of $3.25 each. The shares ended 1998 at $3.75, or $1.25 adjusted for two subsequent splits. They ended 1999 at $139.50, an increase of 11,060 percent. The Viks' option position is now valued at $415 million.