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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A friend recommended I buy Nvidia stock about 18 months ago and I never did. Feeling sad and bad that I didnt listen. If I was doubtful, I could have just put in a small amount, but no. 
I’m doing ok financially but it would have been nice!!!

Any other financial regrets to share? [/quote]

in 2004 I bought 2k shares of a company ticker TPL.    It was a really boring company that owned land in texas (the old texas railroad stock).

It just sold a part of it's land regularly and then used the money to buy back stock.  the idea was the last remaining shareholder would get all the remaining land.
It was mostly grazing land and some nice El Paso land.

anyway, i bought this for around $100k.  it went up like 75% in a year and i thought i was a hero.  one of my first investments.  I sold it.

stopped following it.  it turned out that the land they owned was where the Permian Basin oil was -  the stock has gone up 500x since then.

$50MM in value today.   unbelievable.   I challenge anyone to find a non tech situation that was similar that wasn't a bankruptcy name or anything like that![/quote]

This is a usual observer fallacy. First of all, you are looking through time at things that already happened, which were not possible to know from your perspective living that timeline.  Secondly, you are not considering human psychology where majority of people are going to sell assets that double or even provide 50% return instead of "waiting" for the potential to make life altering profits.  It's because people know that with the ups also come the downs and are afraid to sell at a wrong time on the downside, so they try to collect the upside whenever it becomes significant enough. A lot of people also would rather want cashflow now, because they don't have enough earned income to upgrade their lifestyle.

The exception to it are invest-and-forget retirement accounts where people aren't super involved in monitoring the ups and downs and are invested mostly in funds vs. individual stocks and would rarely produce anything close to the returns you are mentioning. So, while you picked a clear winner for making your family get generational type of wealth, you cannot blame yourself for selling when the time was right at that point in time.  Unless you were a special insider (there are those too), you would not have known. 
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