Chapter
Free Port and Wealth Preservation
44:00 - 48:13 (04:13)
Free port companies like Free Port Geneva store valuable assets like art and offer a way to preserve wealth without having to pay taxes until desired, allowing individuals to sell it to someone else who will keep it in the free port.
Clips
Synergy Sports is a simple company with a lengthy and growing dataset.
44:00 - 45:34 (01:34)
Summary
Synergy Sports is a simple company with a lengthy and growing dataset. As companies like this continue to grow their datasets, switching costs increase and competitors have a tougher time entering the market.
ChapterFree Port and Wealth Preservation
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
Investors are buying art and storing it in free ports as a way to preserve wealth over decades and avoid paying sales tax until they want the tax to be due.
45:34 - 47:29 (01:54)
Summary
Investors are buying art and storing it in free ports as a way to preserve wealth over decades and avoid paying sales tax until they want the tax to be due. This practice could potentially lead to the creation of software, marketplaces, or a sharing economy for free ports.
ChapterFree Port and Wealth Preservation
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The Free Port company in Geneva, Switzerland is home to the largest art collection of the uber rich that you'll never see.
47:29 - 48:13 (00:44)
Summary
The Free Port company in Geneva, Switzerland is home to the largest art collection of the uber rich that you'll never see. Recently sold for a large amount of money, the company employs 250 people and had sales of 70 million Swiss Francs.