77. UHNW Survey on Portfolio Allocation & Strategy feat. Tad Fallows
Invest Like a Billionaire
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The Effects of Direct Debt on Wealth Preservation
I think very few people would recommend going to the limit. You know, if you've got, let's call it 10 million dollars in stock, you could probably find a bank that's willing to lend you six or seven million dollars on that. But I think it would be pretty irresponsible to do so because of the market then drops 30%. So I think most people are really only taking debt against their real estate. And as you said, if I may hold her in a REIT, I'm not going to count the embedded leverage that's happening there at least for purposes of our study.
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