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A tontine is an investment scheme named after�Lorenzo di Tonti, a neapolitan banker, who invented it in France in 1653. The basic concept is simple. All funds are invested and each member receives dividends. As each investor dies, his shares are kept...
A tontine is an investment scheme named after�Lorenzo di Tonti, a neapolitan banker, who invented it in France in 1653. The basic concept is simple. All funds are invested and each member receives dividends. As each investor dies, his shares are kept...