What's the largest amount of money you've ever lost?

What's the largest amount of money you've ever lost? I've lost a $200 million in a company called Gilt. We bought Gilt and it didn't go the way we wanted it to go. What happened? Where did you go wrong? So we bought it because they had good technology or so we thought and we thought that the good technology would be good for our bigger business and maybe we got some benefit out of it but in the end the culture of the folks that worked at Gilt didn't work well with the folks that worked at Saks and so it was not a successful acquisition. How did you lose the money? Was it a sale? We bought it for 200 million and then over time it became worth very little. I sold it to Michael Rubin at Fanatics. What does that feel like losing 200 million? It's really bad and I still wake up in the middle of the night and go, what did I do? How dumb was I? And by the way, I've had so many failures and so many losses and I hope the people that are listening don't for a minute think that me or any of the other people that come on and talk win win win because that's not the reality of the world. The reality is that life is one miserable failure after another and what you have to do is try to make your failures small and you need to be resilient and able to bounce back.