...that's very sad. If the post I made earlier suggest that Intel should be trading at $4 at PE of 15, he could be wiped out.
...CONCENTRATION RISK!!
...shows that it is a danger for people who have not had the experience of managing money to know how to handle a large inheritance without first trying to understand how markets work.
Ouch. This wsb user put 700k into Intel, $INTC before earnings today, money which he received from his grandma vis inheritance. He is now down over 20% in a few hours.
