However, Clothier's tale is an epic one. He had succeeded almost his entire life, and from very early on. But when failure hit home and he was unable to recreate his arbitrage business on his own, the reality of the situation sunk in. With $4,000 left to his name, he happened upon an infomercial teaching real estate. It cost him $1,000 for that program, which was 25% of his net worth at the time. Petrified, he made the plunge.