Bet on the Jockey, not the Horse

In true gamabler fashion David Choe overlooked Facebook’s inherent “ridiculousness” back in 2004 and bet on Sean Parker.  Great bet.

Here are some facts about David Choe:

  • He was already an accomplished artist with credibility in both the underground and galleries across the world.
  • Made his first stake in Vegas using a progressive betting system.
  • Spent several months in Japanese prison for assaulting a security guard.
  • Made a fortune taking facebook stock rather than cash payment for commissioned art because he saw something in Sean Parker’s ambition and drive.

What’s the moral of the story?  David is a controversial guy and when it comes to his Vegas exploits and his general view on life I can assure you that there are thousands who take the same path and end up poor, destitute and alone.  David surely had talent and luck on his side.  Regardless of your personal opinion of the man, he’s led an interesting life and dominated in his chosen vocation and exemplified, in the most spectacular way, the old adage that if you do make a big bet, always bet the jockey not the horse.

Watch the whole Howard Stern interview here: Part 1, Part 2, Part 3, Part 4, Part 5, Part 6.  Warning, the subject matter will be seriously offensive to some.  It is a fascinating interview and certainly a life worthy of cinematic treatment, but if you’re not a Howard Stern fan just skip it and wait for the Hollywood version.

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