risk

TFP #019: How Much Is Enough?

“If you have no idea how much is enough, you’ll never be satisfied with what you have.”

-Ben Carlson

I met with an employee of a publicly traded tech company earlier this year. 

Over the past few years, the value of their company stock soared, and at the beginning of this year it was worth over $6 million.

But their company stock has been crushed this year and they never sold.

The value of those shares today is less than $1 million.