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I was expecting the article to end with “he won tens of millions and never has to work again”, but gambling your life savings on a sketchy betting site for a po
by paxys 8mo ago
I was expecting the article to end with “he won tens of millions and never has to work again”, but gambling your life savings on a sketchy betting site for a potential 35% return is idiotic.
- tylervigen 8mo agoThe “gambled his life savings” framing in the article is very hyperbolic. He gambled $300K from his extra savings outside his retirement accounts, and he hedged significantly to reduce downside risk.