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Every once in a while Reddit is pretty cool.
Somehow connected with a guy today who bought 300 shares of $AMZN at $12.50 in 2001. His biggest position.
He was 41 at the time "having just been financially gutted by divorce & trying to regain [his] financial & emotional footing."
Somehow connected with a guy today who bought 300 shares of $AMZN at $12.50 in 2001. His biggest position.
He was 41 at the time "having just been financially gutted by divorce & trying to regain [his] financial & emotional footing."
By 2014 it was a 100 bagger. 290x now. It changed his life.
Thinking of @chriswmayer& #39;s great book (& @iddings_sean& #39;s thread on $XPEL) I had to ask, how was he able to "buy right & hold on"?
Did he sell in drawdowns?
Trim when it looked expensive?
Any advice from his experience?
Thinking of @chriswmayer& #39;s great book (& @iddings_sean& #39;s thread on $XPEL) I had to ask, how was he able to "buy right & hold on"?
Did he sell in drawdowns?
Trim when it looked expensive?
Any advice from his experience?
I present you his response (and gains!), shared with his permission. 
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