Why selling books is tougher than buying stocks
The book market can be brutal, crushing the dreams of aspiring authors. But what lessons can it offer investors? I’m going to have a brief look.
How he made billions evaporate
At his height in early 2012, he was worth US$32 billion and ranked as the seventh richest man in the world. But by July 2013 his wealth had plummeted to US$200 million. And by 2014, Bloomberg reported that he had a negative net worth.
