We have to be skeptical about "these methods" which, to me, seem more like PR myth they are trapped in.
Like Buffett saying that:
- he never set appointments (he works in isolation? he never goes to the doctor? He now flies with private jets? Everything has an impact on everything?)
- you never "leave large sums to your children" (My wife who works in asset management for (very) high profiles always rolls her eyes when earing that, replying "of course, to optimize the taxes you always create structures of foundations, so that they do not technical "get" the money but indirectly own the structure managing it.).
We have to be skeptical about "these methods" which, to me, seem more like PR myth they are trapped in.
Like Buffett saying that:
- he never set appointments (he works in isolation? he never goes to the doctor? He now flies with private jets? Everything has an impact on everything?)
- you never "leave large sums to your children" (My wife who works in asset management for (very) high profiles always rolls her eyes when earing that, replying "of course, to optimize the taxes you always create structures of foundations, so that they do not technical "get" the money but indirectly own the structure managing it.).