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Most UHNWIs have the majority of their liquid wealth in public stocks, real estate and bonds. It's a bit of a myth that they have exotic investment tastes (onc
by nly 3y ago
Most UHNWIs have the majority of their liquid wealth in public stocks, real estate and bonds. It's a bit of a myth that they have exotic investment tastes (once you eliminate equity in their own businesses)
- hammock 3y ago>Most UHNWIs have the majority of their liquid wealth in public stocks, real estate and bonds Not clear if you’re trying to refute me, but that aligns with what I said. I cited a leading UHWNI research firm which has a sample size of 1200+ (very good for this hard to find, small audience). Do you have better data?
- glitchc 3y agoModern UHNWI individuals in the tech markets are almost entirely stock in their own company(ies). It's paper money against which they borrow to fund their lifestyle. They do sell this stock from time to time, but mainly to pay off debt. If they sold everything all at once, the stock would tank, taking their wealth along with it.