Comments on: I Lost Five Million Dollars This Morning

By: Local_SEO_Melbourne

Local_SEO_Melbourne — Fri, 04 May 2012 18:20:00 +0000

very sad

By: Guest

Guest — Mon, 05 Dec 2011 04:11:00 +0000

You’re not missing out. Foursquare still makes no money.

By: Ashley S.C. Walls

Ashley S.C. Walls — Sun, 30 Oct 2011 16:01:00 +0000

I totally understand though how it “feels” as though he lost five million dollars. And this is the reality of how we process life and so often times move forward it in- responding to what could have been or what we found out from the past.

By: Tendai Sean Joe

Tendai Sean Joe — Mon, 10 Oct 2011 11:37:00 +0000

As a tech-start up founder, this has inspired me so much. I will come back in a month to introduce to you, Whenpages.

By: Jeff

Jeff — Tue, 04 Oct 2011 20:52:00 +0000

I had a friend that was buying and selling calls and puts on Yahoo during the internet bubble in the late 1990s. He was doing spreads. He was getting whipsawed because of the tremendous movement of Yahoo back then. When it was all said and done after a few years of this nonsense he basically made no money. I then did some figuring. Had he just bought Yahoo leap call options and held them, he would have made $3M. .. It gets worse. In early 1999, he called and said he saw a TV program where the CEO of a penny stock company called E-digital (EDIG) was talking about the great things they would do. He bought 400,000 shares at .10 cents per share. A short time later, he dumped the stock for .14 cents per share, a $16,000 profit. … Look up E-digital it eventually went to $17.00 on 1-21-2000. Now that was the all time high and the stock eventually deflated and went back to .03 cents. Had he held for 1 year and sold at the high it would have been $6.8M.

By: Operafaust

Operafaust — Tue, 04 Oct 2011 14:51:00 +0000

By the law of averages, wouldn’t there also be dozens of ‘missed opportunities’ that might have lost the author millions? It’s easy to beat yourself up for not jumping on Google or Foursquare. It’s tougher to congratulate yourself for avoiding other investments that may have been catastophic.

By: Charlie

Charlie — Tue, 27 Sep 2011 17:26:00 +0000

Actually, now that I wrote it, I kind of like the name “hivebuzz”. Maybe I should make something with it.

By: Charlie

Charlie — Tue, 27 Sep 2011 17:25:00 +0000

James, I don’t think you are being completely fair here.

True, you missed an opportunity, but what if I emailed you a similar email today and replaced foursquare with hivebuzz (or some other arbitrary concatenation of words). Would you invest in me?

Hindsight is 20/20. If you invested in every great idea you got pitched, I am willing to bet you would be out a lot more than $5M.

Like you said, you met Claudia the same day, and maybe you could only pick one thing to invest in that day. You chose yourself. Why look back with regret?

By: Sussan

Sussan — Tue, 27 Sep 2011 04:46:00 +0000

I like your passion, James. Your convictions are worth more than 5 million. So is Claudia. Money alone is not good. Prosperity is good, it shares itself and can have a good influence. Sometimes there is more than one way to be fabulously rich. I think you are close to the mother lode because the regret of hindsight leads to foresight. BTW, don’t mystify the chicken, just fry it.

By: Helpguy

Helpguy — Mon, 26 Sep 2011 19:50:00 +0000

Less what happens than how we respond to what happens that determines our outcomes. You have developed into quite a role model, perhaps even more than you intended, ey?

Thank you for being a consistently helpful mentor. Frankly, you do kick ass in the mentoring department.