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understand something about risk that everyone else doesn’t
Ah yes understanding that you are immune to risk because you are astronomically loaded
He took risks making a company in the 90s that was eventually bought by Peter Thiel. Nevermind that he had apartheid emerald mine slave money rich parents that could just cover the cost of his failures.
There’s being rich and then there’s being wealthy. Being wealthy means you can fuck up everyday and still be rich.
Exactly. There’s rich people that’d be nearly doomed if they made a big enough fuck up. For the wealthy, there almost isn’t a big enough fuck up to make. Even buying Twitter and running it into the ground, he’s still the richest man in the world. It’s insane.
There is one specific time where a poker pro did this. It was Gus Hansen, who is known for an ultra-aggressive style to begin with, and it was under specific circumstances where he had to win the table or be eliminated. If you break down the factors involved, it wasn’t as crazy as it looked. But was still damn crazy.
Once. That happened once where a number of things lined up perfectly. I would be very surprised if you found another instance of a pro player doing this ever.
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