“Loan split… $500,000 non-deductible home loan… put $100,000 into the loan, split it into $400,000 or $100,000 and then go invest $100,000 in shares”
PN
Pat Noll
Equity Mates Investing Podcast ·
The Quinn Files · Illegal But Enforceable, with Solicitor Chris McGettigan | The Quinn Files EP7
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implemented a share support scheme by paying a €100,500,000 loan to a holding company, which used the funds to meet margin calls and buy shares (going long) instead of dumping shares on the market
€100,500,000 loan
“Loan split… $500,000 non-deductible home loan… put $100,000 into the loan, split it into $400,000 or $100,000 and then go invest $100,000 in shares”
“He offers the shares up as collateral, which appears to be how he usually does business… he pulled back the share dump and is doing another margin loan”
“I could buy these headphones, or I could just put that $500 into the share market. And by doing that ... the $500 has compounded so much more over time”
“You buy shares for 80 cents and you liquidate the Bitcoin for 100 cents”
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