Friday, April 28, 2006

When your family's long history of making bone-headed financial decisions comes back to haunt you

After this little gem, I think I just lost about $5000 between stock and options. Fucking Microsoft. Fucking Wall Street.

I had meant to exercise my options earlier, but of course I didn't get around to it. I thought to myself, "Well, what's the big deal? Microsoft stock doesn't really move much anyway..."


My family has a long history of making stupid financial decisions, so in some sense I'm doomed. My grandmother lost an original cell from Snow White (which is probably worth tens of thousands of dollars at this point), and my family also sold all its Eastman stock just before the merger that caused it to become Eastman-Kodak.

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