How Michael Zuber Lost $160K

What is the highest stupid tax you had to pay while learning how to play the game? Well, my stupid tax actually occurred before real estate. I turned $7,000 into $200,000 and then I got hit with the stupid tax. I remember saying I'm smarter than Warren Buffett and any freaking person that says you're smarter than Warren Buffett, you're about to get your ass handed to you in a very short amount of time. I lost 80% of $200,000. Something really unfortunate happened. The less work I did, the more I made. I'd stopped reading financial statements. I only looked at summaries. I made more money. I started watching the trends and trading on CNBC headlines. I made more money. And by the end of it, I was gambling, I was using options, I was doing all this stupid shit. The thing I wasn't doing was the homework. My stupid tax was, you got to do the work all the time, you freaking moron. And it just wiped me out.