Reply #47: I sort of admire the guy

[nightrider767]

What's the difference between aggressive investing and stupidity?

The end result. SOmething that can be very hard to predict.

If the housing bubble would have been delayed a couple years, he amy have been very well off, and probably admired.

But in this case he's attacked and criticized. And justly so. It's part of the game. Bold moves, can bring big returns, or disastrous, ego-destroying failures. Don't play the game if you don't have the guts to lose all and then make a comeback with a vengeance.

Look at Donald Trump or some of the mega-rich.

You think they let a bankruptcy of two keep them down?

Heck no. Remorse is for chumps.

Good story though...