I turned a ‘fake’ $1 million into $120 million — what I’d buy now

My other big investments were Gilead Sciences (GILD)snagging over 600,000 shares for $67 and selling at $114, which made $30 million. I bought 600,000 shares of Alibaba (BABA, Tech30) at $88 and sold at $108, making $10 million. I also bought and sold Apple (AAPL, Tech30)at one time I bought about 100,000 shares for $85 and sold for $105 a share, which made me $2 million.

But these represent just a handful of my investments. I was a very active trader. During the year, I completed 2,870 stock and option trades, averaging about 11 per day.

— Charles Garcia is CEO of ALPFA, the largest Latino professional membership organization in the U.S. He chairs the South Florida chapter of TIGER 21, the premier peer-to-peer learning group for ultra-high net worth individuals, whose more than 300 members control over $30 billion in personal assets.

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