Forum Topics TSR TSR #humbled

Pinned straw:

Added 3 years ago

This investment has been a disaster for me and has wiped out most of my invested capital in it. Luckily I had enough sense at the time to make it a relatively small allocation (now it is a lot smaller!) but it has been a humbling and learning experience on:

  1. Just how brutal markets can be
  2. Stick to what you know - this was definitely outside my wheelhouse
  3. Avoid hype and story stocks - among other things this one was distorted by the Ukraine war hyping fertiliser
  4. Be patient
Maccaface
Added 3 years ago

If it makes you feel any better… I am in the same boat here!

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