Recently? Or at some point in his life? In his book he says he invested his turtle trading profits in various businesses and gave some of his assets to his wife in a divorce.
This is the interview, cute girl and interesting video: http://youtube.com/watch?v=C3pGf_yuyBA I think he refers to a former loss at 2:30 mins, not a recent one...
He admits to losing all his turtle fortune on both youtube and his book. However he says it wasnt lost trading.
FYI, covel's book " the complete turtle trader" lists and documents what happened to all of the turtles, including mr. faith. it will be released in october. surf
Send him a PM and ask him....although I believe I read where he's off helping Obama's campaign. He hasn't posted under "inflector" since April.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1444200#post1444200 " ...Additionally, I am going to spend the months of July and August in New Hampshire volunteering for the Barack Obama campaign.... - Curtis"