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0 pointsSpooky238y ago0 comments

I think he was taking some license.

Knowing your shit and having liquid cash is key to those opportunities. My play portfolio made a 10x return after the financial crisis because of knowing key sectors and having cash.

Likewise, I had a nice bitcoin hit that could have been a 1000x play, but to be honest I got out to buy a car, which in retrospect was a very dumb decision!

0 comments

sjg0078y ago

Reminds me of the HN guy who sold his sun stock to by a car..

Procrastes8y ago

By the time I had Sun stock, I would have had to pay someone to take it. Still loved working there.

I cashed out a bunch of bitcoin for what I thought was going to be a near peak price at the time, $800. Fortunately, I never agree with myself completely, so I saved a few for the long run. Thinking back, I can't really say I would do anything differently with the information I had at the time.

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