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That paper is looking at the top 1%. Buy, borrow, die is the realm of the top 0.1 % or 0.01%. Are you saying that billionaires are actually realizing capital g

by avidiax 5mo ago

That paper is looking at the top 1%. Buy, borrow, die is the realm of the top 0.1 % or 0.01%. Are you saying that billionaires are actually realizing capital gains to afford yachts, private jets, and mansions?

twoodfin 5mo ago
Of course they are. You can read reports to the SEC on executive stock sales all day. Here’s billionaire Tim Cook last month: https://m.investing.com/news/insider-trading-news/apple-ceo-tim-cook-sells-165-million-in-aapl-stock-93CH-4597447 https://m.investing.com/news/insider-trading-news/apple-ceo-...