On trimming winners. I’ve struggled with it. I’ve left a lot of money selling early. I’m going to try letting winners ride this year
Well if it makes you feel any better, I've lost a lot of money holding on too long lol... a 7 bagger to 0, and a 5 bagger to a 70% loss in the past couple years.
I'd rather regret squeezing another 20% of juice out of these investments if I had the choice.
Yeah, FELP, lots of discussions on it here. To be fair I should have never put money in it in the first place, but that's a different topic altogether.
The other one is KRN, a cash box with a construction ready potash mining project that had its financing announced but the deal fell through quickly. Tons of boardroom drama in that one. The founder got in bed with the wrong people and got thrown out the window a couple times.