Richest guy in norway bankrupt

this guy had 150m usd and decided to risk it all? for what? how would his life have changed at all if he had won whatever trade he was aiming for?

Can you expand? How can bad investments fuck you up when you have that much money?

Literal boomer retard

He wanted to be one of the big boys who run the planet.

>150m usd
>richest guy in norway
?

guy looks like he had a touch of the downs with autism

>150m is the richest man in Norway

confirmed third world shithole

OP is misleading. He's the biggest day trader in Norway. Not the richest guy.

See

Exactly. If you make real, diversified investments (not speculation such as cryptocurrencies or early stage angel or VC investing) with zero margin, it is practically impossible for you to go bankrupt. Even if the market corrects, you will never be forced by a third party to liquidate.

Ever wonder how some retired sports stars go bankrupt despite not being addicted to drugs, not having a posse, not having 6 children with 6 women? Excluding being defrauded by crooked wealth managers, most of them end up losing their asses in real estate investments that go bad. They take their entire net worth, use it as a 20% (or less) down payment on a lot of real estate, and then lose it all if the real estate turns out to have been overpriced. A 20% (or less) correction in real estate prices coupled with a forced liquidation (not being able to make the P&I) means an utter wipout. If these professional athletes had just paid cash for the real estate, even a 50% drop in prices and a forced liquidation would still leave them with half their fortunes.

He's not the richest guy in Norway though. Just a rich trader.