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> his notional net worth increases (AMZN has never paid a dividend). But that’s exactly the loophole: you can borrow for very cheap against this notional equit
by ornornor 9mo ago
> his notional net worth increases (AMZN has never paid a dividend).
But that’s exactly the loophole: you can borrow for very cheap against this notional equity without incurring a cent in taxes (since divodends are never paid out)
- Breza 9mo agoIt is worth pointing out that many executives cash out the old fashioned way: by selling stock. That includes Bezos. https://www.secform4.com/insider-trading/1043298.htm https://www.secform4.com/insider-trading/1043298.htm