- Japanese billionaire Yusaku Maezawa expressed regret on Sunday for day-trading stocks and losing 4.4 billion yen (roughly $41 million) in the process.
- The former CEO of e-commerce company Zozo said he began trading before understanding enough about the practice.
- “I was blinded by the virus-driven market swings,” he tweeted, adding “how many people could the money have been given out to and saved?”
- The billionaire said he plans to recoup the lost cash through his businesses.
- Visit the Business Insider homepage for more stories.
Japanese billionaire Yusaku Maezawa revealed Sunday he regrets day-trading stocks and losing 4.4 billion yen (roughly $41 million) as the coronavirus pandemic fueled strong market volatility.
The founder and former CEO of e-commerce firm Zozo said in a tweet he fell into the trap of short-term trading before learning more about the practice. He also lamented how the lost cash