Compilation of Investment/Speculation Follies

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#1
Perhaps this thread can be a useful trove of actual experience in future if we can gather enough genuine postings. Please post all pertinent information so that others can learn from our mistakes.

It can be shares, bonds, trusts, funds, properties, precious metals, intangibles, etc...

Format as follows:

1) Asset Description & Other Information
2) Duration Held For
3) Reason for Purchase
4) Reason for Divestment
5) Lessons Learnt
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