Mattress Mack: Genius or Degen Gambler?

Ever seen $10 million in a wheelbarrow? [Altucher Confidential] December 07, 2022 [WEBSITE]( | [UNSUBSCRIBE]( Mattress Mack proves that, with a little bit of creativity, you can set yourself up for massive wins with little downside. [Hero_Image] Mattress Mack: Genius or Degen Gambler? By Chris Campbell [External Advertisement] New Cryptos For The 2023 Rebound Crypto industry experts predict that 2023 will offer new and exciting investing opportunities as the market rebounds. A panel of 27 industry experts will discuss the opportunities in these booming sectors and reveal the best investments for the crypto rebound of 2023 during the Digital Currency Summit. A limited number of virtual spots are available at this time. [Click here to reserve your Free Spot now…]( [Chris Campbell] CHRIS CAMPBELL They call him Mattress Mack. He’s a well-known Texan furniture mogul with a penchant for gambling. Everyone thinks Mack is a degenerate gambler… but that’s far from the truth. He makes million-dollar bets and often wins no matter what. Just recently, he won a record-breaking $75 million on a bet that the Houston Astros would win the World Series. A video’s gone viral of him pulling a wheelbarrow of money into his jet. [IMAGE 1] Caesars had to pay out big-time. “What can we say?” said Ken Fuchs, chief operating officer of Caesars Digital. “We just wrote the biggest check in sports betting history to Mattress Mack for $30,000,000. Would we do it all again? You bet.” Sure, Mack doesn’t always win on his sports bets. He lost $9.5 million betting on the Bengals in the Super Bowl… and $13 million in 2019 betting on the Astros. BUT here’s what’s interesting… Many of these massive bets aren’t wild gambles. They’re strategic hedges against his furniture store promotions to reduce his downside. “Hedging,” as you know, is a method of reducing risk by betting the opposite of a wager. This year, Mattress Mack ran a season-long promotion at his furniture store: He promised that if the Astros win the World Series, he would refund all purchases over $3,000. With this promotion, he estimated a potential downside of $25 million if the Astros won. So he hedged his bets by betting $10 million that the Astros would win. He also took into account all of the free press his “crazy gambler” story would rake in -- which he estimated at well over $10 million. So no matter what, he would’ve still come out on top. Mack came to Houston with about $100 and started his empire in a circus tent, selling cheap furniture. When he opened Gallery Furniture, he had $5,000 and had to live in his store for YEARS to scratch by and make ends meet. Today, he invests in artificial heart research at NASA, opens up free shelters for the displaced during natural disasters, and is known as a degen gambler. Moral is… Mattress Mack proves that, with a little bit of creativity, you can set yourself up for massive wins with little downside. And, as it happens… This one idea describes James’ entire investment philosophy. “The Situation Is Getting Worse By The Day” That’s what the President of the US Chamber of Commerce just said about the supply chain. If you thought the supply chain issues were over, think again… Things are about to get much, much worse. And everything from your local grocery store to your gas station could be impacted. That’s why I’m urging everyone I can to prepare now… [To see the #1 move to make before this problem gets any worse, click here now.]( James’ Best Strategies… All Rolled Into ONE. When it comes to hedging… James is Mattress Mack on Liver King supplements (yes, steroids). He’s got a long track record of being able to sniff out creative ways to limit his downside and maximize his upside… His book Choose Yourself revealed why investing in yourself is the BIGGEST way to hedge against a chaotic and rapidly changing world (which is even more relevant today than it was back then)… And his other books show his rolodex of investment strategies: “Trade Like a Hedge Fund”... “Supercash”... “Investing for the Apocalypse”... “The Forever Portfolio”... “Trade Like Warren Buffett”... BUT… This month, he’s doing something he’s NEVER done before. The Partner’s Lounge In case you haven’t heard… James just co-founded the “Partners Lounge,” an exclusive club that invests alongside himself, Jim Rickards, and Ray Blanco. With their powers combined, members will have access to some of the world’s best asymmetrical bets on the planet. If you’ve yet to receive an invitation: [Click here to check availability.]( But don’t linger too long. Spots could fill up, and… That link — and your invitation — expires tonight at midnight. [Here’s the link one more time.]( Until tomorrow, [Chris Campbell] Chris Campbell For Altucher Confidential [CHART] Could Inflation Hit 20%+ In 2023? [Click here for more...]( Take a close look at this scary chart pictured here… What you see is the money supply in America… And as you can see, the number of dollars in circulation has exploded in the last few years. In fact, more than 80% of all dollars to ever exist have been printed since just 2020 alone! Which is why some say inflation could soon explode even higher than it is now, to 20% or more. And if you’re at or near retirement age you must take action now to protect yourself… otherwise you risk losing everything. [Simply click here now to see how to survive America’s deadly inflation crisis.]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. 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