Man loses $5 billion in one week

Here is the link to the story. Pretty amazing if you ask me. I know all of us have gone on some bad losing streaks betting the ponies, but this guy takes the cake for all time bad loses.
http://articles.moneycentral.msn.com....aspx?GT1=8579

[DiscreetCat=Monster]

Man now i don't feel bad when i lose $500 on the horses. Like they say "No matter how bad you got it, somebodys got it worse. So be thankful for what you got"

[Downthestretch55]

Originally Posted by eurobounce

Here is the link to the story. Pretty amazing if you ask me. I know all of us have gone on some bad losing streaks betting the ponies, but this guy takes the cake for all time bad loses.
http://articles.moneycentral.msn.com....aspx?GT1=8579

Euro,
That's a good article.
I remember the Hunt brothers very well. They tried to corner silver but at the same time invested big in horses.
It goes with the "territory".
Sometimes losses are cancelled by wins, sometimes not.

[Nostradamus]

I would not feel sorry for him. He made $72 million last year for himself. This is other people's money he is losing.