I would love to read more details about this, there is something not quite right here. Let's try to imagine a possible scenario: Kid makes $1M from trading pe

I would love to read more details about this, there is something not quite right here. Let's try to imagine a possible scenario: Kid makes $1M from trading penny stocks by age 15(let's say starting with 10,000k at 12). Then takes that $1M into $72M trading more serious securities(not enough liquidity in penny stocks to make $72M). I could believe $5M figure (Lebed was 15 when he made around a million in late 90s from his penny stock antics) and I could believe he found some inefficiencies in thinly traded stocks such as penny stocks and even figured a way to painlessly exit penny stock trades. I have a hard time believing he found a way to trade to $72M in regular securities without Other People's Money. (There is only that Japanese guy who has done something similar) What I mean that the big money is generally made when OPM is involved. Paul Tudor Jones (and Buffett earlier in 1950s) and many others have made their money by taking a cut from successfully managing OPM.