Damus
Orange Thoughts · 15w
Hi. I don't understand your concept of "own nothing and control everything". Maybe you can give a few examples. If I buy into your investment fund I own an IOU and have no control at all.
ReidScar  profile picture
It’s an old JD Rockefeller saying, he was a huge proponent of using trust structures and clever corporate structuring so that non of his assets were held in his name, however he still had full control of their operation. No one could take anything from him, because on paper, he didn’t own anything ,
🤙1
Orange Thoughts · 15w
Ok, got it. But every trust has juristical risk, right? What happens if the sate, the trust is incorporated in, decides to confiscate your trust?