Things I Got Wrong

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Al Gorithum

Original Poster:

3,718 posts

208 months

Friday 24th June 2022
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Everyone makes mistakes, and sometimes that's the best way to learn. For a bit of fun here are some of mine:

Must have been around mid-'90's when dial-up internet was the big thing. A firm phoned me up to sell me a web site, to which I responded that the internet was never going to take off so I wouldn't be needing a web site.

I'd been in business for a couple of decades and was reasonably successful doing what I do within a relatively niche industry with people who were completely transparent and honest. I was offered a business proposition by a friend of a friend who transpired to be a proper wrong 'un. I lost 8 figures. I now work on the assumption that everyone new I meet is c t until proven otherwise.

Declined to buy Bitcoin at sub-$500 by an acquaintance because he was also a Flat Earther.

Voted for Brexit. Less less said about that the better.

Many more that I'll share when remembered.

How about you?


Al Gorithum

Original Poster:

3,718 posts

208 months

Saturday 25th June 2022
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Oh yes. Selling my Mexico, RS2000's, Sierra Cosworth etc back in the day...

Al Gorithum

Original Poster:

3,718 posts

208 months

Saturday 25th June 2022
quotequote all
dandarez said:
among the 'many' things you've got wrong, you (personally?) lost an EIGHT-figure sum?
Yes mate frown

Al Gorithum

Original Poster:

3,718 posts

208 months

Wednesday 29th June 2022
quotequote all
Oh yes, not taking up the offer of buying a beach-front house from a family member in Southwold (Chelsea-on Sea) 20 years ago for £165k even though I had the cash. Worth around £1.5m now.

Al Gorithum

Original Poster:

3,718 posts

208 months

Thursday 30th June 2022
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sinbaddio said:
There are loads that involve losing a few quid over the years, but the main thing I got wrong stays with me every day.

My brother who was exceptionally succesful in his career, fell foul of the booze some years ago. He was always a big drinker, but at this point it had become a bottle of gin by 10am, then moving onto wine for the rest of the day.

The distance was a challenge, he's south, I'm north. He openly told me he had a problem and I tried everything to get him into rehab but he wouldn't. I rang him every morning at 8am and speak for half an hour on my daily commute. Finally, he had to go into the office for the first time in a few years and he had a massive heart attack and was air lifted to hospital - resuscitated en route. I went to see him of course. In there he got himself sober and didn't drink wehn he got out. Phew.

Two weeks later it was his 50th and he had a glass of champagne, then a bottle. And that was it - back on it. I drove to see him, took him to A&E becuase he was in such a state, they admitted him and he got sober again and they gave him a relatively clean bill of health. He promised that was it.

2 weeks later I got the call - his 13 year old son had found him dead on a Sunday afternoon in his bedroom.

Every day I feel I should have done more. People tell me all the time I couldn't have but when the outcome isn't the one you wanted you don't feel like that.

Anyhow, I got that wrong. If you got to the end - thanks for reading. Sinbad.
Sorry for your loss mate.

My biggest ever regret is not spending more time with my Dad when he got cancer. I realise it now that I was in denial about it as we were very close. It was a massive loss to me with profound impacts.

Al Gorithum

Original Poster:

3,718 posts

208 months

Tuesday 19th July 2022
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Mr Tidy said:
Selling a MK2 Escort RS2000 in 1984 for less than £2,500!

But I replaced it with a 1982 Capri 2.8 Injection - that I sold for £4,000 in 1985 (albeit to go towards my first house deposit).
Same smile

Al Gorithum

Original Poster:

3,718 posts

208 months

Wednesday 20th July 2022
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anonymous said:
[redacted]
Doesn't sound too bad to me smile