A Reddit user inherited $700,000 from his grandmother and bought Intel stocks with it, bragging about it in his post. The next day, the stocks fell by nearly 30%, the biggest drop since 1982. 😮
Intel announced that it would cut 15% of its workforce
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LIKHITH
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There is something called as "diversified portfolio"
If he was aware of it,then he would have not lost it all
That's why investing at early age helps in future ! Forget about profits
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Nifty50 has fallen by 3.88% in the last 3 days, and many investors would have sold and exited the market. This is the biggest mistake investors make and hence don't end up making profits in the equities market.
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🥹 That's called real dedication of startup founder
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Many people have asked me if Sam Altman owns 0% of OpenAI, how could he afford to invest and fund projects the way he does?
1) Note on Early Exit:
Sam co-founded a startup called Loopt in college. It wasn’t a massive success, but it sold for $43.4