Ahh the ODB system

because the other passport you hold doesn't allow dual citizenship

rare marsey!

i dont believe your lies.

Will do

Not a tax lawyer not familiar with 13Fs, but from my brief research

Who must file Form 13F? Institutional investment managers with discretion over $100 million or more in 13(f) Securities must file Form 13F. The $100 million threshold applies in aggregate across all accounts over which the investment manager has discretion.

So it seems like this is meant to apply to large funds, it doesn't bind the individual owner. Not sure whether a billionaire managing his own wealth would be considered an "investment manager," but if not, it seems easy to split up assets into multiple funds and avoid that requirement. And again, if most of their money is in intangible assets, the value of those assets can be difficult to quantify.

There is no universal database of who owns what property. There are databases for houses, cars, (guns in some states), stocks, many other categories. But there are lots of things you can buy that don't get recorded anywhere.

And there are ways you can structure those assets so even IRS wouldn't be able to find you.

As I said in another comment, wealth and power are two sides of the same coin.

People think it's rich people buying off politicians, donating to campaigns, etc. But even before Citizen's United there was still that kind of influence, albeit to a lesser extent.

You are the average of your three closest friends. Politicians associate with celebrities, rich people, etc. Does not take buying off politicians to get them to vote in your interest. It doesn't even require politicians to consciously sacrifice what is right for what is in their self interest. By spending time with others in the same social class the way you view the world changes, and you adopt similar goals and values.

It's much easier to morally justify what you're doing as right than it is to think of yourself as the bad guy. Most people think of themselves as good, and good and bad is just subjective anyways.

So even without money in politics, many politicians will still vote the same way because even if they're not super rich themselves they are friends with people who are.

Hence why I love Bernie and hate AOC. Bernie grew up working class, represents those people. AOC is a narcissist who went to BU and then the fricking Met Gala. She seeks personal power, exploits the plight of the poor to achieve her goals, hangs out with the same type of people who she nominally complains about. Bernie is concerned with improving the standards of the poor, AOC is part of that elite which causes those problems. She's motivated by jealousy, not empathy.

tl;dr Same issue, value of assets is not fixed, but subjective, and removing money from politics is effectively impossible

Maybe but the alternative is I lose my mind and never come back. Even if that’s impossible I would focus on that bad thought and ruin the trip

This is a very detailed question with a lot of points. Business is primarily about connections and leveraging who you know and their networks. Also there are no rules in business - you can be a total shutin and succeed but it’s just doing things on hard mode. Being a charismatic, talkative person is a very good skill because doing business and conducting deals involves a lot of talking and relationship building, plus you have to do diligence on people and figuring out what other people say about them.

Why people want to work at big cos after college is about safety and security. Nothing wrong with that. But a lot of people don’t realize that working for others cannot make them wealthy - at best they get a lot of free cash flow then invest in risky ventures to try and win. But TBQH the best deals are done privately and by the time the average person gets a shot at putting in cash it’s already too late for big gains.

The biggest thing to remember is that there really isn’t a short cut. You gotta work hard at whatever is you want to do. If you wanna be a math professor you gotta work hard. Business is the same. Lazy people generally fail everywhere on earth always

I've known more coherent downies.