5 lessons from owning a stock that made 10 times my money

A troubled industry can offer investment opportunities. In 2010, the Icelandic volcano Eyjafjallajökull erupted after laying dormant for 180 years. As volcanic ash filled the air, over 100,000 flights were grounded, leaving over 10 million passengers stranded.

In response, investors sold off shares of Booking Holdings (NASDAQ: BKNG), formerly known as Priceline, sending the stock down by over 30 per cent in a matter of months.

With air travel cancelled, investors reasoned that hotel bookings, which are Booking Holdings' bread and butter, will suffer.