My Worst Investment Ever

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.

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.

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.

My Worst Investment Ever: I invested in a company operating in a dominant position of its segment within China’s processed–food chain. I liked the idea based on that processed food consumption typically rises alongside a country’s rise in income and urbanization.

My Worst Investment Ever: As an excited 17-year-old who had saved up a little more than US$2,000, I wanted to buy some stock. I held small amounts of two other stocks at the time, so I purchased Coca-Cola shares with the money I had saved.

My Worst Investment Ever: In early 2017, I was shown an opportunity to invest in a US$6.5m simple agreement for a future equity (SAFE) note issued by BuildDirect.com Technologies Inc., a $1bn Canadian e–commerce company. 

My Worst Investment Ever: I had a short-term market speculative position on the Thailand Futures Exchange (TFEX) using a SET50 Futures contract. One day, the market slid around 10% because of political unrest, and I was on the losing side of the equation.    

My Worst Investment Ever: Overall, the investment in Cruise resulted in a return for me of around 125% for a 10-month investment and I was brimming with confidence of course at the prospect of such returns continuing.

My Worst Investment Ever: My partner and I founded a business producing and delivering raw juices for detoxification. We had felt that this product would be a winner because a lot of people were signing up quickly once we had explained the many health benefits of raw-juice programs.