Hard Lesson About Compounding – Could Have Been Better with Coke
Prelude As an excited 17-year-old who had saved up a little more than US$2,000, I wanted to buy some stock. I held small amounts of two other stocks at the time, so I purchased Coca-Cola shares with the money I had saved. Ignorance is not bliss when missing big future interest I don’t know what I was thinking when I sold the Coke shares around six months later, ignorant…
Read Full PostFalse Hope, Poor Due Diligence Blinds Oil Industry Investor
I invested in an oil and gas industry offshore support vessel company in the first quarter of 2014, driven mainly by the desire to cash in on the presumed success of its parent company—an oil and gas industry engineering, procurement, and construction firm.
Read Full PostInvestor Paid the High Cost of Inertia
If something is great, and you use it and love it, and everyone loves it, maybe you should invest in it. I started using Amazon.com early on, say around 1998.
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