Pershing Gold Director Barry Honig is a prolific investor with hundreds of failed and dozens of successful investments. Like any venture capitalist or private angel investor, his wins more than make up for his losses. Readers must remember that a single investment that returns 10X can make up for 10 losses.
A research firm could write a 500-page article detailing the collapses of each of the 10 investments, and it still would be completely uncompelling and unpersuasive as an argument to not follow that investor into a future investment.
Remember that Bill Gates, Elon Musk, Donald Trump, and hundreds of other famous rich people were deep in debt and had failed miserably before they ever succeeded. It only takes one or two wins to make up for dozens or even hundreds of failures.
Barry Honig is a self made multi-millionaire due to his indisputable success as an investor: he has made more money than he has lost... to the tune of millions of dollars in profit.
One big win makes up for every loss. So far, Pershing Gold has been a huge win and is likely to continue to win. He has never sold a share of the company and continues buying shares at open market prices.