• tburkhol@lemmy.world
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    4 months ago

    Corporations with marketable securities or hedges have to adjust their value every quarter, known as marking to market, and declare the change as income. Price goes up, they pay tax; price goes down, they get credit. It’s a huge pain, and it would be tough for us mere mortals to do, every quarter or every year, on $1000 of TSLA, but it seems pretty reasonable to apply to individuals with 8-figure portfolios.