In this episode, we are going to talk about one of the most spectacular personal loss of wealth in history.  Bill Hwang, a multi-billionaire financier, built up a fortune of around $20 billion through savvy investments and invested his wealth through his firm Archegos Capital Management.  But just last month, in March, he lost everything in just 2 days, when his Archegos investment fund imploded after some of his bets went to the ground. The question is, what actually happened?  The answer is Leverage. This is what leverage can do to you.  Before Bill Hwang lost it all $20 billion, he was the greatest trader you’d never heard of. But even the greatest fall into the trap of leveraging. It's one of those stories where you either die a hero, or you live long enough to see yourself become the villain.  That is why, never underestimate leverage, even if you think you know what you're doing.  That is also why I decided to talk about this - to learn the lessons from Bill Hwang's deadly mistake. How this man was able to lose $20 Billion in 2 days. Check out this episode to find out more! If you enjoyed this episode, don't forget to follow or subscribe and share it with someone who will benefit from this. For more info about Delugne Investing, check out Delugne.com to find out more. FREE Investment Analysis - The Next 100x Opportunity That Could Change Your Life https://delugne.com/free-investment-analysis FREE Index Investing Training - 10-Day Index Investing Training https://delugne.com/free-index-investing-training Resources: 1. Archegos meltdown: What happened at Bill Hwang's firm and how it is affecting global markets 2. What is CFD trading?