WFU Lurker
Well-known member
- Joined
- Jan 22, 2014
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- 2,621
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Wake Will is like the last hedge fund pitch before the big collapse. And their calculations are like Ponzi scheme too because its all like "pledged" money not based in reality, received dollars, or legal obligations. Just promises. Nice!
I bet their incentive bonuses are real money though.
I am sure that's how it works pretty much everywhere. I would bet a lot of contributions are literally in wills.
I would also bet there's a risk adjustment in all of their calculations. E.g. they probably assume 10%, 20%, or whatever of pledges will not come through.