A friend named Bob told me that he knows a guy who owns a shopping mall. I asked him how his friend owns this shopping mall, but he doesn't know how. How does one just own a shopping mall?
I've been told that people buy assets with assets -- but why buy an asset that's worth the same as the asset I gave? Obviously the guy who owns the shopping mall didn't just hand over the money to buy it -- he "acquired" it some other way. If anyone could just buy a shopping mall, what's the advantage of having it then? Clearly you know that what you can get is not what makes you richer.
You get my point, right? An asset that is "acquired" not for the same transfer of another asset is an asset SOUGHT AFTER. Nobody seeks something they already have -- they reach for more. So how do people acquire assets worth more than what they already have? Can anyone help me understand this? Everywhere you look you see someone who owns something worth more than what they had before they owned it. If they had enough money to buy it, that would be no different than having the money, sans business that may bring in more. If they didn't have it, where did it come from? I'd like to own a shopping mall and a bridge and acquire assets, but I can't afford them.