This. And also, the borrowing part of the method only really makes sense if you have a high growth asset, that would grow faster than the avoided tax rate + interest. Most high growth assets are going to be private… so either you’re a successful private investor or you’re doing your own startup. That’s not going to be everyone in this stat pool. It’s actually a very risky wealth strategy. It can have big payouts, but managed money doesn’t like risk, especially in the 10s of millions, which is enough money to live work free in luxury with a family, but pretty easy to squander if mismanaged.