I believe this strategy is called "buy, borrow, die"

Nov 6, 2021

1 min read

…aper worth of someone we don’t really know. Musk would have to sell the shares to realize the gain. But Musk can borrow money at a very low-interest rate against his shares of stock to support a very nice standard of living, and pay it back later just by selling a few shares. He can write off the interest paid on the loan against his tax liability. Neat.

Would an Efficient Economy Create Billionaires?

ScottCDunn

I believe this strategy is called "buy, borrow, die"

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