Not for me it’s not, No! Is a word I would happily use under said circumstance, it strikes me that he is a financial moron, never ever loan large money to friends, especially if you want to keep them as friends, that and friends shouldn’t be asking.
When you are that rich, there is very little to gain by getting a little more rich, I mean, with say a hundred thousand or so annually you can live well, travel, eat really good food, etc etc, why piss it all away on stupid ventures??? I guess humans will never stop doing stupid stuff…,