Now 80, I spent my first million on wine, women (three wives and still married to the best) and song. About 20 years ago I woke up to the fact I was not going to live forever and started saving, aided by a defined benefit program and later an IRA.
After four brokers had made money on my account as they lost money for me I moved my account to the old Waterhouse (and have stayed with them into their latest incarnation, TD Ameritrade).
I first read about Noront in an email from Jason Hommel, bought some around 72¢ and have held despite losses. And then came that miraculous August 29th and the series of subsequent breath-taking events.
This has been my second most successful investment of all time except for one other that I road all the way up and then down from a million$, "knowing" all along it was going to come back. My remaining few shares I kept as a reminder of my stupidity compounded by stubborness closed Friday Sept 14 at 11¢.
I hope I've learned a lesson, but as I think about it now, how will I know when it's time to sell Noront?