Chimerica (A Financial History Of The World)

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^^^watch part 3. it is about 2 genius nobel economic prize winners started a gambling firm called LTCM making huge chalk ml bets with insane leverage....then russian gov defaulted and everything blew up.

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sad thread

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that is why you can;t win at gambling by looking at stats alone.

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^^part 3 is funny. jew cannot lend to a jew, but they can lend to a stranger.

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John Law was a gambler

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John Law was a professional gambler. started a ponzi scheme in france

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law fled france retired in italy and gambled until he died....way to go

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