A comprehensive fail, if ever there was one...

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Actual bets. Story time.

I'm betting now for about a year.

In the beginning I have split what I have transferred to the middleman amongst countries in different parts of the globe.

Invested in honestly speculative shares, but with my limited knowledge about markets, economy, financial machinations, types of stuff 'my' companies were doing, even Tesla and Texaco would be high risk.

Later on I have withraw my capital from Australia as they were trading when I was sleeping and I couldnt control my moves.

Invested there in very speculative shares that theoretically have had good contracts brewing, but they would be operational 2004-6 and their business was based in ecology in lithium manufacturing. Lost 40% but held. Then recovered to 3% loss and decided to move out. Unfortunately in the next 3 weeks they doubled the value.

My next speculative investment was new type battery maker with challenges in manufacturing.

Their stock was crazy and once I have panicked and lost 5-10% based the action on what today I consider fake news.

But then reading into the story of the company, CEO is forrmer high flier in chip manufacturing companies. Later company fired thousands of people in USA, but bought out other similar company in Asia and moved developement mainly to Asia, which I see as good mOve since I am expecting emploee doom coming to USA.

So I have put more into them while speculations were still going strong and shares could be bough cheap.

Since then shares went up over 60%, on a abse that company recently signed important contracts in providing batteries to mass produced devices. And if specs are ok and it wont blow in anyone's face it will do good.

Fortunatelly holding to fat cats and leaving them on a good hunch kept my balance healthy.

Thatnks to whytehorse I have gotten one company that later got overtaken and shares were valued +90%

At the worst moment I was down 20% total, but in general held to losers. It paid back so far, very well.

I planned to do some shorting, but honestly I shit myself to do it since losses are unlimited.

@MentORPHEUS not disputing any points you made as I don't care either way, except for conversation.

He had large debts to that country in the aftermath of the long Iran-Iraq war

Why Iraq fought Iran for 8y, instead of investing in arms and preparing to face US army that at some point would come around, like they always do to oil rich countries that do not follow US policies?

I will bankrupt Iraq and turn every Iraqi woman into a $10 whore.

Coz you know, If tiny Kuwait would ever say these things to Saddam's face that meant they already have had support. No brainer.

IMO: Fight stupid wars, win stupid prizes.

Why Russia is still intact today? Coz they knew, we get nukes and then we can have basic army made of muppets and WW2 tanks.

However dangerous it wouldn't be otherwise, US can export 'democracy', just because of nukes.