> What will trigger the downturn will be folks who've overextended themselves on margin forced to sell in order to liquidate assets Curious question... do the

> What will trigger the downturn will be folks who've overextended themselves on margin forced to sell in order to liquidate assets Curious question... do the ultra wealthy ever get margin called on personal loans secured by unsold equity? I'd assume the folks we're talking about doing that have sufficiently small loan to value (a year's expenses vs all their stock) to avoid, even in a downturn. Maybe at the more upper income segment where LTVs on smaller equity totals are higher?