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The honest answer is likely that he liked numbers. Not many people enjoy genuine retirement. But he probably shouldn't have gone all in. :)
by charlesdm 8y ago
The honest answer is likely that he liked numbers. Not many people enjoy genuine retirement. But he probably shouldn't have gone all in. :)
- user5994461 8y agoThe article says that the spread peaked at 17 times the usual. He was probably accounting for some risk and a $20M silly bets times 17 times leverage wiped the whole fortune.