From Concordia to Tucows

As said my dear friend Robin Speziale and as some readers already know: I'm a nihilistic person. 

We live, we die. Between the two, we’re ambitious. We try to get rich, we try to fuck girls, we try to reach the top of the pyramid, we want to have a big car, a big house. And in the end, it doesn’t matter because we die in a mansion, whispering « Rosebud », full of regrets about our youth and our sleigh.

Universe and life are random events with obscure causes and obscure future. Some people say the Big Bang happened when god tried to divide 0 by 0. It's an interesting theory. Have you ever tried to divide 0 by 0? You shouldn't. Your calculator will explode.

Some say the dinosaurs disappeared when they started being gay. Interesting theory. But I don’t know, I wasn't there. I'm always skeptic when I'm not there. 

And then, we're there. Ants thinking they're the top of evolution. We're just drops in the ocean, on a planetary perspective. Imagine on the perspective of the solar system. Imagine on the perspective of the entire Universe. 

Fuck, I feel so depressed.

But, while we live, we can have some sentiment of control over things. That's what make us feel alive and make us forget that we could all die right now and it wouldn't matter.

Investment is one of those fields where we have control over things. But we sometimes forget it.

Like when we buy a stock that goes down and down, and we keep it, and keep it, hoping that it would finally change direction and go up.  And it never happens. Because you've bought Concordia Healthcare.

Here’s an interesting story :

On september 30th, 2015, I started buying some Concordia Healthcare on my standard account (compte courant, en français) buying from 53$ to 42$ during the fall.

Then, in march of 2016, I lost confidence in this stock, and sold everything at about 38$. I lost about 10$ per share. I didn't get poor, but I've lost a few thousand dollars.

Two weeks later, on the same account, with the same money, I started buying Tucows for about 28$. I kept buying it in the following months.

Then, today, the company made a big acquisition and the price of the stock went up about 15%. So, about 9 months after I bought my first shares, I’ve got a 75% return.

I know that something like that doesn't happen that often. You rarely jump from a free-falling elevator to a fast-climbing one. But that story shows at least that you can change the course of things if you take the reins and stop going where you're not sure you're going. 

That story is the story of one of my worst buying going to one of my best buying (I lost much more money with Valeant, but Concordia was and still is a crappy stock anyway).

When you change the course of things, it's a good feeling. It makes you  happy for a short while.