Hilarious! The big, bad CAPITALIST market spanked you; so you went commie? I bet Peter and Warren had to twist your arm the whole way. Earnings on a non-existant P/E, and who-the-heck-needs-dividends. And how about those non-convertable options? You obviously did not go on margin much, sounds like a trustie. You know, trust-fund baby out to show the old folks that Global Crossing and the European funny-money front companies were going to generate 300% ROI's. This is freakin RICH! I am proud to have shorted some of you guys to ZERO!
I did not get spanked on the stock market. I broke even. I came out with exactly what I put into it, it was a very zen thing. I did have a net worth of $70,000 plus $40,000 of options vesting in July 2000 for a few days. That disappeared and I was left with my original investment. I didn't lose my original investment though, I broke even.
And I don't blame Buffett and Lynch at all! If I hadn't read them I probably WOULD have lost everything. Reading Lynch is what made me decide to sell in spring of 2000. I don't like Lynch's book Learn to Earn, but I thought then and think now his other books are good.
I am not a trust fund kid by any means, my father was a construction worker.