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avidiaxyesterday at 7:17 PM1 replyview on HN

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?


Replies

twoodfinyesterday at 9:34 PM

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-...