Now, Jarzenske's investment is down 88.5%, according to a Charles Schwab statement he showed Reuters on the condition that the dollar amount not be published.
He's one of the buyers who, along with the rest of the firm's outside investors, have collectively absorbed more than $2.2 billion in losses, according to a Reuters estimate.
"It's been very disappointing and difficult to watch," said Jarzenske.
Russia arranged to supply Iran with 90 launchers for advanced guided missiles, according to leaked defence industry documents ... read more
But the midterm rout, which none of these folks seemed to see coming, has cranked the stakes up to eleven. That's partially because right-wing media figures are worried about their future.
If no one wants to be a Republican anymore, who's going to watch their podcasts and buy their brain pills?
But it's also because there's a genuine belief that the fate of their ideological projects is at stake.
WASHINGTON, Nov 4 (Reuters) - President Donald Trump faced pressure from Republicans on Wednesday to change course after a midterm election rout handed Democrats control of Congress and voters rejected his handpicked candidates in key races.
Republican allies and strategists called for Trump to shake up his White House personnel, restore discipline and scrap policies they blamed for the losses, including the Iran war and tariffs, as his presidency enters its final years.
Veteran Republican strategist John Feehery called the results a "huge disaster" for Trump.
"He needs to clean house," Feehery said. "Every day from this point forward, he's becoming more and more lame."
But Trump showed little indication that he viewed the election outcome as a reason to change direction.
"I don't view it as a hit on me," he told Fox News late on Tuesday.
Prospective speaker of the House Hakeem Jeffries on Wednesday hailed the "American tsunami" of Democratic victories in US congressional elections that handed the party control of both chambers of Congress.
"It wasn't simply a blue wave. It was an American tsunami," Jeffries, who is poised to become the first Black person to lead the House when the new Congress convenes in January, told a news conference.
"We're humbled by the outcome," Jeffries said, vowing to "fight hard for every single American, wherever you may reside."
"To say that Hitler understood the value of language would be an enormous understatement. Propaganda played a significant role in his rise to power.
To that end, he paid lip service to the tenets suggested by a name like National Socialist German Workers' Party, but his primary - indeed, sole - focus was on achieving power whatever the cost and advancing his racist, anti-Semitic agenda.
After the failure of the Beer Hall Putsch, in November 1923, Hitler became convinced that he needed to utilize the teetering democratic structures of the Weimar government to attain his goals."
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