You're absolutely right, there is indeed a lack of failures in social media, which is quite unfortunate since i find that failures are often the most interesting parts of investing!
At the end of the day this failure was predictable and avoidable had I just paid more attention and had stuck with the plan... Which is exactly what got me in trouble before in my previous failures!
Hopefully this time is the charm, and I won't have to write another one of these! :)
That said, it's important to note that, at least to me, making or losing money doesn't constitute a failure.
At the end of the day if I research a company, or try to do some arbitrage (like the ATVI-MSFT merger), and end up losing money on the investment, I don't consider it a failure.
What makes it a failure is if i didn't do my research properly and got caught off guard by something, and that applies to whether I made money or not.
For example I purchased (and still own) a substantial amount of CSPX, it's currently my top performer yet I still consider it a (minor) mistake.
At the same time I'm down 40% on $INTC and I remain confident that my thesis will play out, and the company will be a wise investment.
Hi LWD!
You're absolutely right, there is indeed a lack of failures in social media, which is quite unfortunate since i find that failures are often the most interesting parts of investing!
At the end of the day this failure was predictable and avoidable had I just paid more attention and had stuck with the plan... Which is exactly what got me in trouble before in my previous failures!
Hopefully this time is the charm, and I won't have to write another one of these! :)
That said, it's important to note that, at least to me, making or losing money doesn't constitute a failure.
At the end of the day if I research a company, or try to do some arbitrage (like the ATVI-MSFT merger), and end up losing money on the investment, I don't consider it a failure.
What makes it a failure is if i didn't do my research properly and got caught off guard by something, and that applies to whether I made money or not.
For example I purchased (and still own) a substantial amount of CSPX, it's currently my top performer yet I still consider it a (minor) mistake.
At the same time I'm down 40% on $INTC and I remain confident that my thesis will play out, and the company will be a wise investment.
Best regards,
Tiago