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> In another month I'm betting they will be in 'set for life even if we make foolish choices' territory. I hope so, but it is amazing how quickly one can burn
by eadmund 4y ago
> In another month I'm betting they will be in 'set for life even if we make foolish choices' territory.
I hope so, but it is amazing how quickly one can burn through money by making foolish choices. Or just being unlucky. I can’t be the only one who remembers esr being worth tens of millions on paper, then losing basically all of it.
- syeare 4y agoAre you talking about Eric Raymond? The Cathedral and The Bazaar? I never knew he struck it rich
- bhaak 4y agohttps://lwn.net/1999/1216/a/esr-rich.html https://lwn.net/1999/1216/a/esr-rich.html IIRC the stock price fell quite a bit before he could sell.
- DonHopkins 4y agoIt wasn't bad luck, it was bad karma. ESR earned so much bad karma by being such a terrible racist jackass that he deserved to lose it all.