Graham on the fall of Eike Batista

So there's a cover story on the fall of Eike Batista in Businessweek, about how he managed to lose a fortune of $34.5 billion.  And I have to admit that's a pretty good question. Graham was likewise intrigued, and I found the magazine next to his bed as we got in to read and snuggle a bit.

So I asked him if he had read the article or if I had left it there myself, and he allowed that he had read it, but still couldn't figure out how he had lost all that money.

"Did he build a cruise ship?"  he asked, because there had been some talk of Batista's lavish yacht in the article..
"Well," I said, "you couldn't really spend that much on a cruise ship."
Graham paused, and then said, "Well, if it was an intergalactic one the size of Australia...."
And I had to admit that he had me.