03-18-2008, 04:58 PM
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:glugglug
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
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Quote:
Originally Posted by vendot
http://www.bloomberg.com/apps/news?p...=patrick. net
The top investor, Joseph Lewis (a fellow Londoner), lost $1.13 Billion after paying $107 per share and buying 9.7% of the bank. He lost half his fortune.
There's no UK equivalent for the US expression "well dayum" but.... if ever there was a justification for diversification, this is it!
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