Quote:
Originally Posted by Boomer
Thanks, tophcfa,
I knew my instincts were right this time. I would not touch Bitcoin either.
They say experience is the best teacher — next to Warren Buffett, of course.
I got caught in the dot-com bubble of the 1990s. When that bubble popped, I clearly remember thinking. . .well, this must be exactly what the term ‘sucker punch’ means.
I also clearly remember my thinking that led up to getting caught in that big pop………
I thought I was seeing the future…….
I would come home from work, check my funds, and revel in my brilliance……..
There was a brief and shining moment when I had a fund doing more than 100% — rocket fast.
My thinking was so arrogant, so nauseatingly arrogant.
At least, I had not bet the farm, only the butter and egg money. But, even so, that experience reined me in and I have been boring ever since.
Boomer
|
Wisdom from BAZOOKA bubble gum comic. The big roll. The one that cost a nickel. The one that gave you six lumps for the price of five of the penny size.
Buy low and sell high.
Buffet, listed as THE GREAT stock picker. Buffet does not make money on every trade.
Life? Part of living is making mistakes.