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My Dumbest Investment In spite of hype I bought early and overpaid
The reader describes buying a niche market leader at a very high price with a P/E near 300, selling at a new high and rebuying cheaper, making 2000 but losing about 15000 overall. The Fool warns against paying any price for top names and hints at the risk of timing and price. The note also includes a trivia answer about Nucor Corp and a merger history.
MENTIONED IN THIS ARTICLE
Alexander Hamilton
Aaron Burr
United States
North Carolina
Oldsmobile
Nuclear Corp. of America
Nucor Corp