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Bezos may not be able to sell his shares in significant amounts, but he can sure use them for collateral. This is a very basic strategy for the super rich...

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It'll be interesting to see if that strategy continues to work in a rising-rates environment, where the value of AMZN or TSLA may not be infinitely appreciating.

It's even worse that that. As interest rates rise, equities generally fall as they have been as they need to compete with interest bearing assets so their costs are skyrocketing and their collateral is collapsing risking them for a margin call and loosing everything.

Yes, I mentioned it above. There’s no way of stopping it, because the modern financial system is extremely dependent on such collaterization.

Bezos uses it to spend his pile of money, but for one Bezos there are 100 businesses who use the same exact instrument as a perfectly legitimate way to borrow money.

It’ll be extremely hard to draw the line between both use cases in a way Bezos couldn’t exploit it.

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