RE:RE:RE:RE:RE:RE:RE:RE:RE:I'd like your opinion on the following scenarioThelongview wrote: I have this funny story to share and I just remembered it because I put AAPL in my previous post.
This goes back to the year 1999 or 2000.
I looked at Apple stock. The company was down and out at the time and it looked like it could go under. My recollection is that it was trading for about $10 a share. It had a net cash position of about $7.50 per share (at least that is my recollection of it) but it was burning through this cash rapidly.
I decided not to invest in it because it was losing money at the time and I couldn't see the company recovering.
I will have you know that apple has split many times since 1999 and cumulatively it adds to 112:1 meaning 1,000 shares of AAPL in 1999 - a $7,500 investment - would be worth $18.7M today.
This is the level of genius you are dealing with.
I still have nightmares of fruit to this day!
Don't feel bad.
I had some BTE from RRX merger. During pandemic I exited at very low price. Too afraid of their debt levels combined with extended economic lockdowns.
I'm not as brave as Nukester!!
I'm a field mouse!
The rest is history.
Risk tolerance. We learn what we can tolerate during the worst of times.
At least with GH I only have to worry about Kasking hitting a hot streak on the slots.