Vitaliy
@jimmysw
600 Following
360 Followers
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An American turned $88,000 into $415,000,000, but then lost it all
1️⃣ Christopher DeVocht made a fortune on Tesla options - on November 30, 2021, the investor's portfolio peaked at $415,000,000.
2️⃣ In 2022, DeVocht's fortune began to rapidly melt away when Tesla shares and the entire stock market decided to arrange a "sale of the century".
3️⃣ The investor hired "consultants" from RBC Dominion Securities, who opened a margin account for him and issued solid loans, which eventually played a cruel joke on him, destroying his entire investment portfolio.
4️⃣ After losing all his capital, DeVocht sued the company, claiming that they were supposed to help him preserve his wealth by recommending risk minimization strategies. 0 reply
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