Former Harvard Money Manager Is Launching a Digital-Currency Hedge Fund

Re:Former Harvard Money Manager Is Launching a Digital-Curre... by irishasaurus on Saturday August 19, 2017 @02:02PM (#15054688)

I would argue avoiding taxes from the country where the fund is managed is a bit illegitimate.

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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by lordnacho on Saturday August 19, 2017 @03:45PM (#15055196)

That's what I just explained doesn't happen.

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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by irishasaurus on Monday August 21, 2017 @12:57AM (#15062050)

So the fund is managed in the Caymen Islands?

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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by lordnacho on Monday August 21, 2017 @06:40AM (#15063489)

No, it isn't. The people who decide what the fund buys and sells are in London, NYC, Zurich, etc. They pay taxes according to where they are.

The fund vehicle is in the Caymans / Bermuda / IoM etc.

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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by irishasaurus on Monday August 21, 2017 @06:33PM (#15068320)

Why aren't they based in NYC or London then?

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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by lordnacho on Wednesday August 23, 2017 @02:52AM (#15079124)

Read what I wrote. The management company is based in London, the fund that holds the investments is based in the Caymans.

There's nothing in your links that contributes to this discussion.

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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by bitlax on Monday August 21, 2017 @07:44AM (#15063814)

You avoid taxes every time you take a deduction.

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