- MMmmmmmmmmmmm... because millionaires normally have a tendency to not know what they are doing....
Absolutely. Many millionaires have lost a lot of money. Fortunately they can afford to lose a lot more money than you or I. Just need to look at the investment decisions of James Packer and Lachlan Murdoch as one clear example. There always seems to be this misconception that if you are very rich everything you invest in turns out rosy.