Yes, this was crazy for me. When people who hardly had any money before, managed to get some lottery-like win betting on meme stocks, crypto or options then go on to lose it all. Like that guy who made over 100M on a long shot options bet.
Even if you wanted to carry on betting, at that level, you’d think you’d reserve, say, 10M in a safe way so that you would be good no matter what. But instead, he went to to gamble the entire lot and lose it all.