Now, I'm not a money scientist or anything, but I really feel as if Sam Bankman-Fried could have picked up a book or two on accounting or how to manage a balance sheet before proclaiming himself a money genius.
(see https://lithub.com/crypto-nerd-sam-bankman-fried-who-just-lo...)
“I’m very skeptical of books. I don’t want to say no book is ever worth reading, but I actually do believe something pretty close to that,” explains SBF. “I think, if you wrote a book, you fucked up, and it should have been a six-paragraph blog post.”
Like, I’m literate and basically read stuff all day. And I can get through a textbook as a part of a course, but force me to read a novel and by page 7 I’m falling asleep and losing track of the characters.
I’m on the fence about borrowing/buying a book that was based on a podcast series because I fear 90% of what it covered was in the podcast.
His books are a mess because he had no idea of how to organize them.
If he didn’t want to be doing criminal things, he has plenty of means and opportunity to do them non-criminally.
The scam clearly worked without all the effort.