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

…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.

ScottCDunn

Alex Mell-Taylor

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Nov 6, 2021

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

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Written by Alex Mell-Taylor

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I write about pop culture and politics. Support me on: https://www.patreon.com/alexhasopinions

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