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Person A has leverage, and every $1000 sale makes his share price $10000 higher, more than compensating for the $100 in taxes.

Person B owns shares in Person A.

> eru

Tolkien fan?

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Leverage doesn't work that way. (If it were so easy, it would load up my investment portfolio with a lot more leverage than I currently do. And I don't live in the US where regulation T would keep me to a puny 2x leverage.)

Tolkien is great, yes.

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