I remember reading a post last year where a person mentioned that he/she invested the entire life savings in Meta when it dropped to ~100. What a great decision it turned out for that person, more than doubled the savings in 1 year. Must be chilling in the Bahamas :)
Lucky them. I put $50k only. Too coward.
NGMI. Hfsp
hes coasting in Hawaii with Zucc
2x is not life changing / quit now type of growth
Sure, but doubling the savings in just 1 year can still change a few things in one's life. Considering the person's risk appetite, I'm assuming he/she didn't sell anything yet.
Let’s be real, they probably sold at $150
That's what I'll do. but then those type of persons doesn't gamble with investing all savings in one stock. So could be a risk taker as well
I doubt they would have sold at 150, considering the person's risk appetite
Everybody coming here would try to prove that they had called this out. I had like to say I knew it, but I just gambled due to low p/e. I had put in >100k and still sticking to it. Not gonna say I know the future, but I know when fruits are cheap, but fruit salad is expensive.
Did they say how much they were going to invest when the price was $100?
I don't recall that
But does it top Steve Balmer mortgaging his house to buy more Microsoft stock back in the day.
There’s another rich person who is about to break even now Check out this post! "Just bought 100k worth of FB share @248 (Tech Industry)" https://us.teamblind.com/s/bkUMgO20
Let's hope he/she still holds those shares and didn't sell anything in panic earlier
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Must have been Zuck. Think he’s in Hawaii surfing 🏄♂️