Subject: Re: OT Gurus Focus Dollar General
mungofitch: Long ago I based my models for IBM on the notion that they would, sooner or later, make $20 a share. It was my second biggest loss ever

Of course you are under no obligation to share, but if you don't mind sharing, what was your first biggest loss ever? The intent of revisiting is only to review the lessons learned, nothing else. Was it the big SP500 short position you constructed also around the same time period? I don't recall you ever telling us the story of how that position eventually got closed.