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One of my worst moments as a start-up CEO was when I lost $400,000. The short of it is that a customer had sent us the money, but my company was too small to receive such a large payment. And due to technical reasons, our payment processor could not refund him. In a kafkaesque twist, …
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psychology of money
I stared at the screen in disbelief. My biggest stock position was down 90%. $30,000 of my hard-earned savings down the drain. Permanently. How the HELL did this happen? At the time, I was a professional investment analyst. I thought I knew what I was doing. But I made a colossal mistake and lost a …
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