How to deal with donkey friend

[Omniheart]

Well basically my friend is a huge donkey. He was badly in debt at one point until he went on a run and won part of the party poker bad beat jackpot. Now he hasnt lost a pot when he is far far behind. He is playing up to 5/10. It is sick to watch. He shoves for 1k at 5/10 with AK win 2g pot against KK. He shoves with flush draw always catches. It is actually insane and he makes crazy bluffs. I stack him everytime i play live and has perfect read on him. I tell him variance is going to catch up to him but he obviously doesnt believe in it. He thinks he can outplay everyone and he is better than anyone and very delusional about his game.It took me 100 k hands to make 40000 starting from .5/1 NL but he believes it can be done way less since he is up like 10 in 5000 hands. It is probably very EV for me to play him at a game. how can i tell him variance is about bite him so hard? will a player like him ever learn?