Do you have any example of a failed stock picking? - Seedly

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Coffee Meets Investing

Asked by Anonymous

Asked on 07 Jul 2018

Do you have any example of a failed stock picking?

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Alvin Chow
Alvin Chow
Level 2. Rookie
Answered on 11 Jul 2018

Plenty. One example was Envictus. Even billionaire and F&B veteran, Sam Goi, is a substantial shareholder. But end up one of their investments was a fraud - Yamada Green Resources which is also a listco on the SGX. Lost about 30%.

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