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Xbox 360 (Xbox 360)
at 2:09PM PST on September 25, 2008.
Shouldn't max holdings be a % of available stocks (ie volume), not % of net worth? Ie None of us can really OWN a "company" or "stock", but what if we could theoretically hold 35% of our net-worth, but 50-99.9% of a particular stock, at least enough to be the controlling interest, that stock is effectively dead- and definitely not an accurate valuation in most cases.
This isn't monopoly :) I apologize if I have missed something.
Anyway thanks for the explanation. Perhaps my observation doesn't have anything to due with Time Trusts, but I think the end game is the same.
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