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> As he repeatedly lost money, Mr. Dobatse took out two $30,000 home equity loans so he could buy and sell more speculative stocks and options, hoping to pay of
by Ansil849 6y ago
> As he repeatedly lost money, Mr. Dobatse took out two $30,000 home equity loans so he could buy and sell more speculative stocks and options, hoping to pay off his debts.
One really can't make an armchair diagnosis based off one observation, but this seems like a telltale sign of gambling addiction. The cycle of thinking that to make up for losses you need to dig the hole just a bit deeper to strike oil and float back out.