How would fund managers protect themselves ? Do they hold share certificates ? In Australia we only have two options: via the CHESS repository, which is run by the ASX , where they send you a paper confirmation of your holdings or indirectly, via a pooled/custodian mechanism similar to say Interactive Brokers. Most of our land titles are now held electronically too ...
Great interview. The book can be downloaded here https://thegreattaking.com/.
Btw., why are you linking to the youtube version of the interview? Odysse and rumble are better.
How would fund managers protect themselves ? Do they hold share certificates ? In Australia we only have two options: via the CHESS repository, which is run by the ASX , where they send you a paper confirmation of your holdings or indirectly, via a pooled/custodian mechanism similar to say Interactive Brokers. Most of our land titles are now held electronically too ...