Well, I've made a few bad investment decisions and reviewed them. Palantir, I bought into a hype train that was about to stop. Qudian Inc was when I bought into an investment philosophy I didn't believe in (buy companies with huge cash reserves) and took a huge loss. Both of these were 40-50% losses. I was way too optimistic about the European reopening when I bought into Ryanair and took a loss there too, but at least there's hope that will improve. That's a $1500 position though, so there's more riding on it than the $300 total on the other two. Visa, I bought out of spite for Mastercard and Amazon fucked me over on it. I used to own Pfizer stock, but I sold out at something like $40 a share for my own mental health.
I'm just glad I didn't do what everyone else who fell for Palantir did and dollar-cost average it down, because it's still junk stock.
Instead, I doubled my Microsoft stake to 5% of my portfolio, and rode that train all the way to where it is today, $330 a share.
As for non-financial decisions, I don't make that many decisions of consequence. I don't get into relationships so no need to decide on that, for instance.
Well, I've made a few bad investment decisions and reviewed them. Palantir, I bought into a hype train that was about to stop. Qudian Inc was when I bought into an investment philosophy I didn't believe in (buy companies with huge cash reserves) and took a huge loss. Both of these were 40-50% losses. I was way too optimistic about the European reopening when I bought into Ryanair and took a loss there too, but at least there's hope that will improve. That's a $1500 position though, so there's more riding on it than the $300 total on the other two. Visa, I bought out of spite for Mastercard and Amazon fucked me over on it. I used to own Pfizer stock, but I sold out at something like $40 a share for my own mental health.
I'm just glad I didn't do what everyone else who fell for Palantir did and dollar-cost average it down, because it's still junk stock.
Instead, I doubled my Microsoft stake to 5% of my portfolio, and rode that train all the way to where it is today, $330 a share.
As for non-financial decisions, I don't make that many decisions of consequence. I don't get into relationships so no need to decide on that, for instance.