CST 1.23% 8.2¢ castile resources ltd

re: time to look again - alpha G'day Alpha,Nah ... Ridge was...

  1. 4,086 Posts.
    re: time to look again - alpha G'day Alpha,

    Nah ... Ridge was never young!

    I kick myself for not listening to you and doing some research so that I could understand what you were saying. In my defense, I am slightly leery of these tree/tax deals simply because I once did some work for one of the promoters of these things and he was a crook. (Interestingly, he has now floated his company and is very wealthy). Not a god excuse, I know, but it will have to do. :)

    I should have put my personal prejudices aside and done the work.

    My other big miss was SFE. About 18 months ago when SFE was trading at $3.50, I was told by an acquaintance who originally had a SFE seat and then received a mass of shares in the float that it was selling at a ridiculously low price. This time I did do some work on it and felt that he was right. However, by the time I convinced myself, I fell for the silly trap of "It's already gone up - I've missed it". Now trading around $10. A 3 bagger missed!

    I hope that I have become wiser (as well as older) now and am able to put in the work to make clean decisions based on the results of my research. "Every day is a schoolday"

    I know that we all have these stories of the ones we missed. I reckon that those of us that learn from them are the ones who will succeed. It is, of course, a fine line between learning and beating ourselves up about our "mistakes".

    There you go ... a whole post without mentioning C..



 
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