I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
If he had unlimited money at his disposal, he might go into the wilds somewhere and shoot big game. I never know what the big game have done to deserve it, but they do help to deflect the destructive energies of some of our social misfits.
The rule of the game was never assume that anybody, however honorable, would be able to stand up under torture. If Mr. X, who knew where I was, was caught for some reason, I should move.