What have been your worst investments in the stock market? Did you learn anything?

[iceman]

My worst investment was Pike River Coal. No need to repeat the sad story and loss of lives here, but 100% of capital was lost

[Valuegrowth]

Thanks Iceman. Current financial system is not risk free. Even long term investment is not risk free. One thing is sure. People who invest in companies who produce basic needs which have demand for those products in good and bad times can't go out of business unless they mismanage badly.

My worst investment was Pike River Coal. No need to repeat the sad story and loss of lives here, but 100% of capital was lost

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