What I Learned From Losing $200 Million

The 2008 financial crisis taught me about the illusion of control, and how to give it up

Nautilus
Nautilus
Feb 28, 2019 · 18 min read
Illustration: Ross MacDonald

By Bob Henderson

I’d lost almost $200 million in October. November wasn’t looking any better.

It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and…

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