Shoulda, Woulda, Coulda - JLP Laments
Well, way back in December 1999, Oprah Winfrey did one of her "Oprah Loves..." shows. Anyway, she went on and on about this particular shoe from Reebok. I remember sitting there thinking that this was going to be huge for Reebok. So, I went and looked up their stock price. They were trading around $8.00 per share. I seriously thought about buying 100-200 shares. But,... I DIDN'T.
Anyway, right after that Oprah show, the stock started moving up and six months later was trading in the mid-teens. One year after the show, it was trading at $23 per share - a 187.5% gain. Had I purchased the shares at $8 per share and held on to them until today, I would have had an annualized rate of return of just under 42% (not including dividends).
Oh well, such is life. Shoulda, woulda, coulda,... I guess.