One of Thousands Who Followed the Herd to Big Losses in the Dot Com Era
The worst investment experience in my life was during the Dot Com period of the late 1990s, when almost everyone was a fanatic about the “Internet magic”. I was no exception. Many friends around me were talking about the idea of start-ups and later selling the “company” to some big guys on The Street, such as Yahoo or whoever, and making billions from this…
Read Full PostHow Poor Execution Turns a Great Idea into the Worst Investment
Prelude In early 2017, I was shown an opportunity to invest in a US$6.5m simple agreement for a future equity (SAFE) note issued by BuildDirect.com Technologies Inc., a $1bn Canadian e–commerce company. All of business’ facets looked solid My client had made previous investments in the company and had a strong conviction in the team, the company, the market and this “new marketplace” opportunity. The company sells heavy construction supplies, such as tiles and…
Read Full PostConfessions of a Crypto Lemming
Even though I made some money out of it, I would personally consider it to be the worst investment I have made so far because when I saw the crypto market crash in the early part of first quarter 2018 I realized I got REALLY LUCKY!
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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