Video Summary The ultra wealthy have a way to avoid paying taxes, and it’s called the “buy, borrow, die” cycle. The first step is to buy assets, such as real estate or stocks. The second step is to borrow against those assets using tools like margin or private banks, which offer low interest rates. This […]
Video Summary Here is a summary of the article in 200 words: Warren Buffett’s story of “Mr. Market” illustrates how people lose money in the stock market. Mr. Market is a business partner who visits daily, offering to buy or sell company stocks. He has three moods: euphoria, depression, and neutrality. When he’s euphoric, he […]