2min chapter

Risk of Ruin cover image

Bill Perkins is Not Afraid

Risk of Ruin

CHAPTER

I Can't Get Out Because No One Wants to Sell or Buy

Bill's problem wasn't limited to the fact that his bet had gone against him. The problem was exacerbated because he couldn't easily cover his position. I think it's worth considering how easy it would be to just roll over and die in a situation like this, Bill says. You wouldn't want to throw in the towel and admit to the 50% you've already lost.

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