No....admit it...maybe he was more lucky than good...but borrowing at that point was gutsy...and brilliant.
How could you invest after the drop (without borrowing)  if you were already full invested...???
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You are mostly ticked that he predicts tax damage....I sympathize.He is only cashing out the loan part of his investments btw
As for his returns...I think he made 2-300% over 8 years......not too bad on 3%/yr money.