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The importance of diversification and analysis learned through investment failure

The Motley Fool +1 · ·by G4L

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  1. 1Alex Carchidi purchased Lucent Technologies, which spun off from AT&T in 1996, with 500 dollars saved as a birthday gift.
  2. 2Lucent Technologies stock recorded a 99.2% decline in share price through September 2002.
  3. 3From 1980 to 2014, 40% of Russell 3000 index stocks experienced catastrophic losses.

So what's the key point?

An investor bought Lucent Technologies stock and lost almost all of the money. Since many stocks in the stock market experience large losses, caution is needed.

Source The Motley Fool +1 · View original ↗

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