2min chapter

Risk of Ruin cover image

Swimming With Sharks

Risk of Ruin

CHAPTER

From Blackjack to Black Monday

In the late 70s, Blair Hole was paying $500 a month to lease a seat on the Pacific Stock Exchange. Even though he still had a full-time job, he'd go there at 630 in the morning and trade from 638-30. He did that for about six weeks before telling his boss: "I'd like to leave"

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