Why have many big shots experienced bankruptcy? Two types of situations,

either they played too big from the start, leading to bankruptcy only to gain insight, or this big shot is just a random walker fool,

encountering lucky circumstances to bounce back from bankruptcy,

but as long as they continue for a while, they will lose it back again (most are this type),

so you need to know — bankruptcy is not a necessity for making money, being bankrupt doesn’t mean you can become the next big shot who bounces back from bankruptcy, in short, don’t go bankrupt!

However, most big shots have not actually gone bankrupt; they just embellish their stories by claiming bankruptcy to seem more impressive. I noticed this when I was in middle school, reading those ridiculous autobiographies of business tycoons at the bookstore.

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