Posts by Andrew Stotz
The Government Can Take Anything Away with Douglas Tengdin
My Worst Investment Ever: Was not so much terrible as it was memorable. In 1988, he was in his late 20s and was a bond trader for a mid-sized US bank.
Read MoreTrading Currencies and Commodities is Harder than You Think with David Stein
My Worst Investment Ever: Stopped trading but forgot to close a trade set to buy silver when it fell to an arranged level. Price kept falling; when he realized what had happened he had lost around US$25,000.
Read MorePersistence Helps You Recover From Disasters with Mario Nawfal
My Worst Investment Ever: After successes, he ventured into blockchain. Started IBC, grew it to 7 figures in 6 months. Trusted colleague set to be CEO disappeared. ‘Snake’ had been funneling clients away.
Read MorePut the Proven Power of Diversification on Your Side with Lex Sokolin
My Worst Investment Ever: Gordon-Gekko type manager invoked team spirit, told staff to invest in Lehman’s stock. No breaks for Lehman’s in US bailouts. Company stock and Lex’s 401K go to zero.
Read MoreStart-Ups Always Look Great, Plan for the Worst with Jen Greyson
My Worst Investment Ever: Becomes investor and CEO to re-invent corporate world. Costs sink in as deadlines pass and keep passing. Major complications hit.
Read MoreDo Not Avoid Risk, Manage It
An essential part of investing is risk management; in the long run risk management often matters more than picking the highest performing assets at certain points in time.
Read MoreSeduced by Cricket with Suresh Mahadevan
My Worst Investment Ever: Was an angel investor in a startup that tried to harness India’s other religion – cricket. The company’s fantasy cricket app was to be first of its kind. Invested US$100K, was seduced by the fact that noted cricket personality was solo founder.
Read MoreYou Can’t Plan for a 1,000-Year Flood with Jason Bible
My Worst Investment Ever: House in smart part of Houston refurbished for flipping valued at US$1m. Hurricane Harvey drenches city for many days. Project house flooded out and ruined, saying goodbye to US$250k.
Read MoreDouble Check the Worst Case with Scott Carson
My Worst Investment Ever: Scott and a consortium invested in distressed home loans in Chicago. The deal went south and legal proceedings dragged on. He bought out fellow investors and closed the deal, but lost US$250,000 in the process.
Read MoreVMC: What Is Free Cash Flow to the Firm?
Free cash flow to the firm (FCFF) is the cash flow that a company is ‘free’ to distribute to all providers of money (both, debt and equity) without damaging its growth opportunities.
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