5.16.2019

My worst sales

A hundred years ago, there was much talk about a company that would be listed on the stock exchange.

The public interest was so great that the bank decided to have a lottery of the offer. I was lucky and got 100 shares assigned to me. The price was $25 per piece. When they stood at $50, I sold my holding and felt satisfied.

After 2 months I was congratulated by a good friend who knew that I had bought the 100 shares I had been offered. By then, 100 shares were worth $25,000.

I smiled and thanked. I never admitted that I had sold them months before.

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