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Investing in a Derivative Strategy
With a split dollar loan, you used to have the opportunity to count. Yet t it is using a indexing or which is basically ginned up fixedbecause they they want that hedge right? They want to know there's a zero bound that it's not going to have,. You get that sequence of returns, risk that you have a big loss in one year. On the other end, ano everything comes down to a derivative strategy. A, that's generally what they're ooking at. And because you're getting the leverage, the tax free return that you're getting from that tends t justifye. Especially then if that's also your bond proxy, or the part that is