Originally posted by e1618978
Why is this in Pollitical Outsider? Is he planning on using the money to run for office? 8)
IMHO, this is just another estate planning excercise. He was treated for a cancer that has a 50% survival rate in 5 years, and apple stock will tank if he dies. For his family, it is much better to cash out of apple (and also merge Pixar with disney, so the shares are more liquid).
Your question is valid. I was careless about placing this post in Political Outsider. Can you make corrective action and move to the most appropriate place? Thank you.