That said, I think the point made by others that your non-tangible assets (education, knowledge, personal network) should be included in your capital when consi

That said, I think the point made by others that your non-tangible assets (education, knowledge, personal network) should be included in your capital when considering your bet size is a valid one. Losing your apartment isn't really an absorbing state if you can still take a salaried job, re-accumulate, and then continue to make further bets.