BlogJanuary 3, 2021Michael Covel

“Inertia, failure to act on conviction. I’ve recognized quite of few money makers, but didn’t pounce when I knew I should…”

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Inertia, failure to act on conviction. I’ve recognized quite of few money makers, but didn’t pounce when I knew I should. Apple. Wanted to buy at $97 now over $250 taking into account the stock split. McDonald’s. Wanted to buy 1,000 shares at $12 didn’t now over $200. Knew it was under-priced at time. Google, knew it was can’t miss stock. Didn’t buy it failed to act. Tesla, asleep! Microsoft. Held long time when stagnant, then sold exactly at the wrong time and it’s flying now after I sold position. Exxon still have it. It’s a dinosaur, doomed. Should have exited it sooner. GE still have it watched it lose 50% of value. Another dinosaur company. Bloated with too many far flushed enterprises, bloated executives, debt balloon.

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