IMO, your question defines the very thing that so many people on this forum are struggling with on a daily basis. It is the issue of learning from past investment experiences, applying what you learn, and getting on with your life.
There has never been an investor in the world in the history of the human race who did nothing but make good investments, and I am no exception.
There is no doubt that's CTKH was a bad investment for most of us. and there is no doubt that FH was a thief and a scam artist who defined the very term. But all of that is beside the point. The reality is that there were some who made significant money on that company. For goodness sakes, the stock went from 0008 to 071. wwhat better opportunity does a person need to make money with a stock like that?
Anyone who did not make money on them, failed to do so because of their own bad trading decisions, not because the stock didn't give them the opportunity.
That same issue applies to a half-dozen other stocks I could name that you would probably be familiar with. All of them eventually failed, but all of them presented tremendous opportunities for financial success and profit before they fail. And the only reason why so many lost money on those stocks is because they played them wrong. It wasn't because the CEO scam them, it was because they saw opportunity for profit and did not take it. In every single case the problem was the traders had rose-colored glasses on and wanted more profit than the stock was offering. And then when they passed up the opportunity to take that profit they blamed the company, they blamed the CEO, they blamed other investors, they blamed the chat rooms, they blamed everything in the world except the one person who is really responsible for their loss - THEMSELVES.
What they should've done and didn't, is learned from all those mistakes, make changes to their trading style, and take that new mindset to their next investment opportunity and do it right.
So now here we are waiting for VLDI to make a profit, and many have not learn a thing from their past mistakes.
I HAVE. So, to answer your question, No, I NEVER think of FH. I learn from the experience, AND MOVE ON WITH MY LIFE OVER TEN YEARS AGO. It is the difference between being an amateur and a professional investor. It is called being an ADULT.
TPP
