[La lamy]

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

I had a 'friend' who invested a lot of my money in dot-com in the 90s and I too lost a lot of "butter and egg" money. Since then I educated myself about investing and I've chosen "boring" long term dividend yielding stocks that I believe in. NO BITCOINS. Boring is so much better!