Comments on: Investing in UX http://usabilityworks.org/2006/11/14/investing-in-ux/ Making next year's Human-Computer family reunion a lot less uncomfortable. Thu, 08 Jan 2009 21:09:49 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Steve Salter http://usabilityworks.org/2006/11/14/investing-in-ux/comment-page-1/#comment-4792 Steve Salter Sun, 26 Nov 2006 19:17:57 +0000 http://usabilityworks.org/2006/11/14/investing-in-ux/#comment-4792 I know how you feel about NOT investing in Apple when it was hovering around $13 - $16. In my own case, I had the opportunity many years ago (1983 from memory) to invest in an Australian company called Meridian Oil. I had been told about it by a geologist I met at a bar right after he'd gotten back from a year's contract up in the Gulf of Thailand where the company (Meridian) had it's drilling platforms. Cutting a long story short, I did invest, at least initially. I picked up 100,000 shares at six cents each ($6,000 bucks worth) and put 'em away for a rainy day. Well, my wife got the "screaming sh*ts" when she found out that I had bought stock in Meridian Oil instead of using (part of) the money to buy a stereo set and put the rest on a car she wanted to upgrade to. Like a complete idiot, I "caved in" to her relentless torrent of abuse (also known as "being married") and sold the stock for roughly what I'd paid for it. Six weeks later, Meridian Oil discovered what is 'still' the largest oil field in the Gulf of Thailand. The shares shot up from six cents to over $1.00 in the first day following the announcement. Six months later the stock was trading at approximately $32.00. I never, ever, ever, ever missed an opportunity to remind my wife of the $3,200,000 we could've made in just on six months for an outlay of barely $6,000. We are no longer married. Meridian Oil has changed ownership twice in the past 23 years --- and I refuse to torture myself anymore (with the exception of writing this comment) over what my moment of weakness (in selling the stock to appease my ex) has meant to my potential net worth...lol Steve S http://www.propertyinspections.co.nz http://stevesalter.wordpress.com I know how you feel about NOT investing in Apple when it was hovering around $13 - $16. In my own case, I had the opportunity many years ago (1983 from memory) to invest in an Australian company called Meridian Oil. I had been told about it by a geologist I met at a bar right after he’d gotten back from a year’s contract up in the Gulf of Thailand where the company (Meridian) had it’s drilling platforms.

Cutting a long story short, I did invest, at least initially. I picked up 100,000 shares at six cents each ($6,000 bucks worth) and put ‘em away for a rainy day.

Well, my wife got the “screaming sh*ts” when she found out that I had bought stock in Meridian Oil instead of using (part of) the money to buy a stereo set and put the rest on a car she wanted to upgrade to.

Like a complete idiot, I “caved in” to her relentless torrent of abuse (also known as “being married”) and sold the stock for roughly what I’d paid for it.

Six weeks later, Meridian Oil discovered what is ’still’ the largest oil field in the Gulf of Thailand. The shares shot up from six cents to over $1.00 in the first day following the announcement.

Six months later the stock was trading at approximately $32.00.

I never, ever, ever, ever missed an opportunity to remind my wife of the $3,200,000 we could’ve made in just on six months for an outlay of barely $6,000.

We are no longer married.

Meridian Oil has changed ownership twice in the past 23 years — and I refuse to torture myself anymore (with the exception of writing this comment) over what my moment of weakness (in selling the stock to appease my ex) has meant to my potential net worth…lol

Steve S
http://www.propertyinspections.co.nz
http://stevesalter.wordpress.com

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