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Old 05-04-2010, 11:07 AM   #8
Schneed10
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Join Date: Feb 2005
Location: Newtown Square, PA
Age: 46
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Re: Why do so many NFL players go bankrupt?

Quote:
Originally Posted by skinsfan69 View Post
A lot of what you say is true. People buys multiple cars, houses and so on. But we can look no further than our own Joe Gibbs to see that it can hapopen to anyone. I read Joe's first book and couldn't believe some of the bad investments he made. He created quite a mess for him and his family.
Fair point, and proves that you can be considered an intelligent person yet make big mistakes. But I only consider Gibbs intelligent because he's made so many smart moves and done so many smart things. His huge number of smart moves and decisions outweigh the big mistake.

After all he found a way to make the money back and then some. He followed a big mistake with smarter investments and smarter choices.

But man, you've got to do a lot of impressive things to recoup your reputation after doing something like these athletes are doing.
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