My Worst Investment Ever
You 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 MoreOverreliance on or Ignoring the Experts Can Both Do Damage
My Worst Investment Ever: My worst investment, in terms of stupidity, but not the biggest loss, was when I starting acting on information I heard on a radio program about investing in stocks.
Read MoreOne of Thousands Who Followed the Herd to Big Losses in the Dot Com Era
My Worst Investment Ever: Many friends around me were talking about the idea of start-ups and later selling the “company” to some big guys on The Street, such as Yahoo or whoever, and making billions from this Internet dream.
Read MoreMissed Opportunity Stems from Hasty Decision on a Stock
My Worst Investment Ever: I sold all my stock at this price to protect the VND1,000/share gain! After my apparently overzealous reaction, the share price doubled over the ensuing six months.
Read MoreClassic Bike Collecting Dust Is Better Than a Dog of an Underdog
My Worst Investment Ever: When initially considering what my worst investment was, I thought about the 50-year-old Royal Enfield motorcycle that I bought in my early 40s (guess why?), which is so delicate that it never works and just stands in my mother-in-law’s garage in Switzerland.
Read MoreClassic Case of Caveat Emptor (Let the Buyer Beware)
My Worst Investment Ever: My biggest mistake was the purchase of a presale condominium unit in the Philippines as an investment without doing sufficient due diligence on the developer and the process itself.
Read MoreSilent Restaurant Partner Finds His Voice Too Late After Too Much Golf
My Worst Investment Ever: A few years back, a Japanese colleague of mine, decided to invest in opening a ramen restaurant in Bangkok. Japanese restaurants had yet to reach the popularity in the Bangkok dining market that they have achieved today and so there appeared to be a lot of space for further growth.
Read MoreAlways View Yesterday’s Successes Through Today’s Glasses
My Worst Investment Ever: When I was younger and not so financially “sophisticated”, I used to work for one of the largest international general contractors in the world.
Read More‘Try Before You Buy’, If at All Possible
My Worst Investment Ever: The worst investment I have ever made in Thailand was buying land. I had the idea of building a house for my parents on a block in Cha-am, Phetchaburi province, at the southern end of the Kingdom’s central region.
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