The Inversion Investor

The Inversion Investor

You Should Be Smart Enough to Not Need Anyone

Peter Pham's avatar
Peter Pham
Mar 21, 2026
∙ Paid

Every paycheck I cut means payroll taxes, employment insurance, corporate overhead—layers that eat margins before you even turn a profit.

The allure?

Import talent on visas, pay them less (or at least cap their leverage), and pretend you’re scaling smart.

But here’s the rub: that “cheap” labor isn’t cheap.

It’s a trap.

The H-1B program? Sold as a fix for…

User's avatar

Continue reading this post for free, courtesy of Peter Pham.

Or purchase a paid subscription.
© 2026 Phoenix Global Wealth Management · Publisher Terms
Substack · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture