BBUS, page-9219

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jberry55

1,326 Posts.

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09/09/20

15:11

Post #: 47209576
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Originally posted by mdermot: ↑

Well, i turned a 360k win over 8months into a net loss in the tech wreck tho and sold a sydney(collaroy) beashside property 14months into that decline(hoping for the bounce)...lost that too. That wasn't cute..., I was looking for something really really really tall to jump off at the time. It wasn't an easy time.

It seems the internet was a fad , no one will ever use a smartphone and we will just use tin cans and a piece of string to move any data that may inadvertantly need to be transferred. I had a different picture in mind back then.

Personally, I sold everything i had left to buy a house and move from an IT career to mowing lawns with a absolutely shocking allergy to grass. That run cost me 30k. If I had bought Amazon that same month in 2002 instead , I would be pretty well off now.
For many years on those really hot days I often thought about what might have been. I'm still mowing lawns but only part time these days.

It was the worst period of my life. I gave up trying to get ahead till feburary/march this year. Now it seems all I had to do was buy bankrupt companies at any cost and I would be ok , but I bought the BBUS instead of afterpay.

I hope you can get back your losses.

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I also bought BBUS instead of afterpay, and shorted afterpay (just a few hundred dollars) to test out options. They flopped of course.
They say the markets can stay irrational longer than you can stay solvent, I guess they're right. However I did short afterpay when it was at 90 recently and I've made gains there now.

it's a very tough game because you can never underestimate the lengths the Gov will go to prop up asset prices when fundamentally they should crash.

Last edited by jberry55: 09/09/20

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