---
title: "Meaning & Key Takeaway of: I bought stuff at 3.5 cents once and I…"
description: "\"I bought stuff at 3.5 cents once and I thought it can’t go down to zero. It can.\" — Peter Cundill"
image: "https://sms4smile.com/quotes/i/67c/peter-cundill-18943_bought_i-bought-stuff-at-3-5-cents-once-and-i-t_2324970.jpg"
---

#  I bought stuff at 3.5 cents once and I thought it can’t go…

![“I bought stuff at 3.5 cents once and I thought it can’t go down to zero. It can.” quote by Peter Cundill](https://sms4smile.com/quotes/i/67c/peter-cundill-18943_bought_i-bought-stuff-at-3-5-cents-once-and-i-t_2324970.jpg)   [Download](https://sms4smile.com/quotes/i/67c/peter-cundill-18943_bought_i-bought-stuff-at-3-5-cents-once-and-i-t_2324970.jpg) [Open image](https://sms4smile.com/quotes/i/67c/peter-cundill-18943_bought_i-bought-stuff-at-3-5-cents-once-and-i-t_2324970.jpg)

> “I bought stuff at 3.5 cents once and I thought it can’t go down to zero. It can.”

[Peter Cundill](https://sms4smile.com/quotes/author/peter-cundill/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Even extremely low prices can drop further, reminding investors that markets can go to zero.

**In simple terms:** Prices can fall to zero.

Key Takeaway

Expect price volatility.

Themes

investment risk valuation

Mood

cautious analytical

Type

financial warning

When to use this quote

- stock trading
- commodity markets
- cryptocurrency

Key Concepts

market dynamics price floor

Questions to Reflect On

- What safeguards do you use?
- How do you assess downside risk?

A Different Perspective

Assuming a floor can cause losses.

★ ★ ★ ★ ★   No ratings yet

[Bought](https://sms4smile.com/quotes/about/bought/) [Bought Stuff](https://sms4smile.com/quotes/about/bought-stuff-725749/) [Cents](https://sms4smile.com/quotes/about/cents/) [Cents Thought](https://sms4smile.com/quotes/about/cents-thought-4169762/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Stuff](https://sms4smile.com/quotes/about/stuff/) [Stuff Cents](https://sms4smile.com/quotes/about/stuff-cents-5571888/) [Zero](https://sms4smile.com/quotes/about/zero/)

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