Tweet
interesting interview. arguably the biggest run in gambling history.
-
Last edited by sonatine; 02-25-2022, 11:35 PM. -
some interesting takeaways...
- never honestly gave a shit about money (predictable)
- the casinos basically tried to destroy him / ruin his life
- to a large extent they succeeded
- got up into the 40m range and then just donked it all off *and never actually invested in anything*
this ^ is the part i find really interesting. in his own words, he wasnt an investor, he was a gambler. lesson to be taken away from this; have a number. when you get to your number, live off the interest or rent or whatever you choose. gamble with the interest/rent if you have to.
wild shit. -
Karas is one of the great stories.
it is hard for us to appreciate how much $40 million was back then.Comment
-
"the best things, you cannot buy with money."Comment
Comment