STE's Stocks Investing Journey

Bye Bye M1 : Catching A Falling Knife

STE
Publish date: Fri, 07 Dec 2018, 03:19 PM
STE
0 10,452
"The stock market is a device for transferring money from the impatient to the patient " by Warren Buffet.
Finally , I have completely sold all my remaining share of M1 at lost of -$14,226.78 , while some might still waiting or hoping for a better counter-offer from another major shareholder. Yes it is a negative XIRR of -5.5% after close to 4 years of investing. Have to admit that I have underestimated the impact of "regulatory risk " after the government announced the new permit for 4th Telco
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