I was extremely happy to lose an investment today. It was a small-cap investment in what was essentially a penny stock, though traded on a major exchange. The best part about these investments is that the downside is small, but the upside is uncapped. There’s a limited number of investments of this type that anyone should keep in a sensible portfolio. But it’s good to hold them for unexpected “black swan” events. In any event, I lost this one. But I’m confident it was still the right choice.