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~ gang gang ~
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Archie Karas $50 -( 3 years )-> $18,000,000 -> "I don't wanna say" -> Zero.
- 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.
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