Quote:
Originally Posted by White Out 403
Yes, being able to borrow tens or hundreds of millions of dollars for very low interest so you can invest another thing this is exactly how rich people get richer. In this particular example Elon Musk has done very poorly because he's become a caricature and a right wing nut job setting twitter on fire
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"Very low interest"? You know nothing about business loans, do you?
And sorry for using your own example in a way you didn't like.
Name me an NHL owner who uses his shares in a team as collateral. I suspect the NHL even prohibits it. It wouldn't be good collateral anyway - it can't be sold in a receivership without league permission.