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‘Deep regrets’ — Billionaire admits he lost $41 million daytrading stocks
From giving away free money to searching for a female space-travel partner, Japanese billionaire Yusaku Maezawa has proven rather savvy when it comes to drawing attention on the internet. When it comes to playing the stock market, not so much. Maezawa, who sold his online fashion business Zozo to SoftBank SFTBY, -7.78% for $900 million in November, took to Twitter TWTR, -4.21% over the weekend to share his “deep regrets” on his ill-fated foray into daytrading with his 10.2 million followers. “I was blinded by the virus-driven market swings and lost 4.4 billion yen through repeated short-term trading of stocks, ... (full story)
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