"....it would be deeply unusual for a high net worth individual in Panama to own any sort of asset personally rather than through a corporation or a foundation."
is that because most of the high net workth is old money? or it because of tax reasons ? or a combination of both?
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes