back to article Google founders to offload $4 BEEELLION in shares

Google founders Sergey Brin and Larry Page are about to offload millions of shares that will net each billions in cash. Don't panic, dear readers, at the prospect of Google's share price (and the balance of your pension fund) diving: the pair are offloading their holdings in line with an amended stock trading plan that is …

  1. Destroy All Monsters Silver badge
    Facepalm

    Don't panic, dear readers, at the prospect of Google's share price (and the balance of your pension fund) diving

    Woah, that Brooklyn Bridge must be going chaep right now! Guess what, all that free money from QE making the stock market casino a bit crazy has its effects:

    How To Find The Next Bear Market—–Look Around!

    Let me start by saying the level of opulence in Silicon Valley has far exceeded what was present in the Bay Area 15 years ago. The developers with the $350 ripped jeans and $125 flip-flops have been around for years, but this is different.

    and

    Stock Market Alert: I’m Not Trying To Scare You—– I’m Trying To Warn You

    The reason I seem so bearish today is that I feel the current risk/reward equation in the stock market presents investors with all risk, no reward. Valuations, across a variety of metrics, suggest stocks are roughly 80% above their long-term average.

    1. P. Lee

      >the current risk/reward equation in the stock market presents investors with all risk, no reward.

      That's because the alternative (currency) is declining in value due to zero interest rates and inflationary money printing.

      1. Anonymous Coward
        Anonymous Coward

        That's because the alternative (currency) is declining in value due to zero interest rates and inflationary money printing.

        All that's printed nowadays is currency. Money is something that has an actual physical counterpart like gold, currency is what you decide it to be (which is about 99% of the problem..).

  2. Turtle

    Liquidity.

    "Brin and Page are worried about their future liquidity"

    I'll be glad to help! Because I would *love* to see these two turned into liquid.

    1. big_D Silver badge
      Paris Hilton

      Re: Liquidity.

      Do they blend?

      1. Turtle

        Re: Liquidity.

        Once they go down the drain, I don't really care.

      2. Mark 85 Silver badge

        Re: Liquidity.

        Just about anything can be put in a blender... http://www.nbc.com/saturday-night-live/video/bassomatic/n8631

        However for them, you'll need a Googleomatic.

  3. Mikel

    Billionaires do financial management

    Shocker!

    Gates has been selling off Microsoft stock since the 80's, and will be fully divested this year. This is normal.

  4. asdf

    not quite

    >Google's share price (and the balance of your pension fund) diving:

    Sarcasm aside unlike Apple, Google doesn't actually have a very noticeable weight percentage of the total SP500. Even Apple if valued at a trillion dollars (probably coming) would be not much more than %5 of the total. Here's to pretty much being able to ignore the performance of individual companies in a pension and still benefit from the long term return of securities.

    1. Anonymous Coward
      Anonymous Coward

      Re: not quite

      Google has half the market cap of Apple, and a bit less than half the weight of Apple in the S&P 500 (due to some differences in the way S&P calculates market cap based on tradeable share)

      Google looks much smaller, but the S&P made the odd decision to include Google twice, once for each share class, when they split. Apple currently has a weight of 4.01%, Google 1.68%. Neither one will really move the S&P all that much - if Apple dropped by 10% today the S&P would only drop by 0.4% due to it (ignoring possible market shock depending on the reason for a 10% drop in Apple in a single day)

      I agree with your point though that selling Google shares over a couple of years isn't going to have much of an effect on Google's share price. Even if they sold them much faster it would only cause temporary volatility. Not a problem for anyone's pension unless they're drawing from it at the time of that volatility. Those contributing to it would benefit because the money they put in would perhaps get a discount on Google shares!

      http://slickcharts.com/sp500

  5. MrZoolook
    Stop

    What's a beeellion?

    Sure, it was funny the first few times. But after 2 decades (nearly) it shows a total lack of wit and imagination. Get some new material FFS!

    1. DavCrav

      Re: What's a beeellion?

      "What's a beeellion?"

      There's a thousand beeellion in a waspillion.

      1. BryanFRitt

        Re: What's a beeellion?

        Shouldn't it be

        There's a thousand waspillion in a beeellion.

        ?

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