Today I read an article on CNN Money that was titled "Dumbest moments in business 2009". Slide 9 reminded me of a time when a colleague asked for my opinion about buying GM stock.
My response was, "Sure if you want to gamble and lose your money."
He went ahead and invested anyways thinking his money would quadruple in a matter of days. According to slide 9, it turns out that he wasn't the only person who thought gambling on GM stock would pay off.
I guess the day-traders created from the dot-com era still live!
Tuesday, December 15, 2009
Subscribe to:
Posts (Atom)
Posts
