In the words of Matt Levine: > An important running theme of this column is that one of the best things you can do for your financial career is lose a billion

In the words of Matt Levine: > An important running theme of this column is that one of the best things you can do for your financial career is lose a billion dollars. This is not necessarily actionable advice, for most people; it requires someone trusting you with a billion dollars to lose. But if you ever do find yourself in a position where you can lose a billion dollars of someone else’s money, and you do it, that could open up a lot of doors to you. Losing a billion dollars tends to be a high-profile affair; it will definitely get your name out there. People will be impressed that you were entrusted with a billion dollars, and that you took a big swing and lost it. And they will assume that you learned important lessons and, next time, won’t lose it.