[piker]

Before becoming too concerned with the fact that the author of this report is compensated based on the performance of the sponsoring fund's short position, one should note that it has been argued that allowing Enron insiders who knew of the irregularities to short Enron stock would have supplied a downward pressure that may have saved Enron employees millions of dollars. Many of those employees were investing 100% of their 401k into the stock at its peak.

[wil421]

The FinTech company I work at offers ESPP and an option to invest in company stock for your 401k. I take full advantage of ESPP but sell it quickly. My coworkers have saved it and been through 3 splits and made a ton of money. The same coworker lost 10s of thousands when he worked for WorldCom/MCI in the late 90s. He’s probably even right now.

I would never invest 100% of my 401k into my employers stock. Even 10% seems risky.

[the_watcher]

The first part of this comment is accurate and important. The second part is pretty much always what fraudsters claim when caught: "I could make it all back given enough time, I just need that one big score!"

[cjarrett]

my mother's 401k at the time, they were forced to buy company stock. Her company was also in the process of merging with Enron. Luckily, my father had a better plan so they ended up mostly investing in his and what was left over they invested in hers.