Some of my Worst Decisions, All True

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  • billyjoe
    Senior Member
    • Nov 2003
    • 9014

    Some of my Worst Decisions, All True

    I've actually made money on a few of these. At the time these seemed to be good decisions.

    1. 2007 My son kept raving about a new restaurant in Columbus Ohio, Chipotle . Was selling around 45. My thoughts " I don't particularly care for Mexican food". I never bought.

    2. 2012 BRKB It's never going to move like big brother BRKA, sold at 100.

    3. 2013 FB . I screwed up getting in at 38. Was happy not taking a huge loss selling at 28.

    4. 2013 MSFT This stock is dead in the water. Seems like I've held forever. I sold at 35.

    5. 2013 ULTA Seemed to be a good pick. Had problem with CEO and tanked. Was happy to unload at 105.

    6. 2014 AAPL It finally got back to 100 and I sold

    7. 2016 TSLA Back down to 200. I think this one is toast. Sold at 200.

    8. 2016 GOOG hits 800 and I take my profits.

    ---------------billy
  • Louetta
    Senior Member
    • Oct 2003
    • 2331

    #2
    Mine was buying stock in Memory Metals. They owned patents on some alloy which had the property that if it was deformed and then heated the metal regained it's original shape. I envisioned many industrial applications and increasing sales.

    But the only application they ever came up with was underwire bras. You know how when you run your undies through the washer and dryer the bras always come out looking like dish rags? Well, maybe you don't but they do.

    So you underwire the bras with this special alloy and when they come out of the dryer they look like bras again. But they never sold. I mean most girls don't even like wearing regular bras not mind ones lined with metal.

    Comment

    • BlueWolf
      Senior Member
      • Jun 2009
      • 1077

      #3
      None stock related, but all true.

      8. Sleeping alone in the woods in the middle of Bigfoot country.
      7. Biting into a Jalapeno picked fresh off the plant.
      6. Carving up a turkey in my shorts with three cats at my feet.
      5. Putting lit candles on my roommate’s turntable and turning it on because I thought it would make a cool pattern on the ceiling.
      4. Climbing over a fence and laying down in the grass at the end of a runway while jets were landing.
      3. Going for a week long hike on the Appalachian Trail in the middle of winter without a tent.
      2. Passing a big rig at 45mph on black ice.
      1. Deciding I was too busy to go see Jimi Hendrix perform.

      Comment

      • jiesen
        Senior Member
        • Sep 2003
        • 5320

        #4
        Originally posted by Louetta View Post
        Mine was buying stock in Memory Metals. They owned patents on some alloy which had the property that if it was deformed and then heated the metal regained it's original shape. I envisioned many industrial applications and increasing sales.

        But the only application they ever came up with was underwire bras. You know how when you run your undies through the washer and dryer the bras always come out looking like dish rags? Well, maybe you don't but they do.

        So you underwire the bras with this special alloy and when they come out of the dryer they look like bras again. But they never sold. I mean most girls don't even like wearing regular bras not mind ones lined with metal.
        Funny, I made the same mistake with another metals company, LQMT which was a company that made "Liquid Metal" and had the same promise as yours did. Stock went right to 0 though.

        Comment

        • jiesen
          Senior Member
          • Sep 2003
          • 5320

          #5
          Well would you look at that... they're still around and trading as LQMT at 0.09 per share. Who'd have thunk?

          Comment

          • billyjoe
            Senior Member
            • Nov 2003
            • 9014

            #6
            Originally posted by BlueWolf View Post
            None stock related, but all true.

            8. Sleeping alone in the woods in the middle of Bigfoot country.
            7. Biting into a Jalapeno picked fresh off the plant.
            6. Carving up a turkey in my shorts with three cats at my feet.
            5. Putting lit candles on my roommate’s turntable and turning it on because I thought it would make a cool pattern on the ceiling.
            4. Climbing over a fence and laying down in the grass at the end of a runway while jets were landing.
            3. Going for a week long hike on the Appalachian Trail in the middle of winter without a tent.
            2. Passing a big rig at 45mph on black ice.
            1. Deciding I was too busy to go see Jimi Hendrix perform.
            Impressive list, BlueWolf. I have a similar one, Deciding $4.00 was too much to see Hendrix at Cleveland Public Auditorium.

            ---------------billy

            Comment

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