/biz/ - Business & Finance

Anonymous Thu Sep 15 19:07:30 2022 No.51454031 [View]
File: 433 KB, 1280x1129, news_111.jpg [View same] [iqdb] [saucenao] [google]

here is my post saved for new bred

>Nick Leeson had followed a "doubling" strategy: every time he lost money, he would bet double the amount that was lost in order to recoup the amount. This had been successful for him in the past, including once in 1993 where he was able to cover a £6 million negative balance in the error account and after which he vowed not to use the account again.

>This had been successful for him in the past

watched the movie earlier. how the fuck was his strat so retarded?

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