Today's Morning Sixpack is a tale of two men, one wealthy beyond belief, the other a college kid who struck it rich.
Here's the first story.
That time I was pissed that I lost a twenty dollar bill
He lost a fortune in eight days. I lost a $20 bill. I feel more aggrieved.
There was this time, last week I think it was, I lost track of a twenty. I'm still mad.
I wonder how this guy goes on.
He lost $8 BILLION in 10 days. You'd have to keep me in a padded room with no access to sharp objects.
It was the “biggest single-firm meltdown since the financial crisis,” per the WSJ, and it’s causing introspection in finance about the ability of private family offices to cause market havoc.
Read here for the second rags-to-riches story (and so far, it's a happy ending).
Make it a great day! (And try not to lose $8 billion. You may never find it.)
Bill
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