The story of a man who lost 62 billion yen overnight 🕳️
On a small island in Canada 🇨🇦, lived a carpenter
The man named Christopher Devocot led a very ordinary life as a carpenter
The savings he had was $88,000 (about 13 million yen), not a large amount of money by any means 💰
However, in 2019, he made a decision that would greatly change his life
He wagered all of his savings on options trading with Tesla's stock 🚗×💰
He wagered all of his savings on options trading with Tesla's stock 🚗×💰
It was a miraculous choice ✅
Tesla's stock price is soaring 📈
His assets have been expanding at an unimaginable speed 🚀
Tesla's stock price is soaring 📈
His assets have been expanding at an unimaginable speed 🚀
In just a few years, his assets have grown to $415 million (approximately 62 billion yen) ⏫
From a humble carpenter, he climbed the stairs to becoming a millionaire
From a humble carpenter, he climbed the stairs to becoming a millionaire
Bank advisors celebrated his extraordinary asset accumulation and encouraged him to continue investing in Tesla stocks
However, in 2022, tragedy suddenly struck
Tesla's stock price plummeted 📉
The vast amount of assets that were built up crumbled away like a sand castle.
Tesla's stock price plummeted 📉
The vast amount of assets that were built up crumbled away like a sand castle.
In just one day, everything was lost 🕳️
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Currently, Devokto is suing the bank.
"Why didn't you warn about the risks?"
"Why didn't you recommend diversification of investments?"
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* It leaves us with an important lesson
No matter how large the wealth, it can disappear in an instant.
The importance of diversified investment.
Even expert advice can sometimes carry risks.
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The story of a man who acquired an incredible wealth of 62 billion yen but couldn't protect it.
It became deeply engraved in the hearts of many people as a modern fable.
----------------
Currently, Devokto is suing the bank.
"Why didn't you warn about the risks?"
"Why didn't you recommend diversification of investments?"
----------------
* It leaves us with an important lesson
No matter how large the wealth, it can disappear in an instant.
The importance of diversified investment.
Even expert advice can sometimes carry risks.
----------------
The story of a man who acquired an incredible wealth of 62 billion yen but couldn't protect it.
It became deeply engraved in the hearts of many people as a modern fable.
And they lived happily ever after 📙
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ぽてちN : Let's take some profits now, even if it's just a portion... I guess I'm being too greedy ^^;