InvestED: The Rule #1 Investing Podcast18 Huhti 2024

463- Bad Investment

Here’s a scenario: you’ve identified a potential investment, you’ve gone through the checklist and done your research, and you decide that you’ve found a deal that other people seem to be overlooking. You pull the trigger to buy into this company, and then the stock price begins to decline and you begin to wonder if you’ve made a mistake. Knowing the difference between having confidence in your investing process and being arrogant or blindly confident in a position can allow investors to act on proven strategy as opposed to being driven by fear and emotion. Having a long-term outlook and a diligent methodology is the way for capable value investors to find the deals and realize the returns that many others in the market get wrong. This week, Phil and Danielle tackle another constant issue for investors as they dig into when, how, and why you should (or shouldn’t) stick with a purchase that doesn’t seem to be panning out the way you’d suspected. For help finding businesses that you feel confident investing in, click here for the “3 Circles” Exercise Guide: https://bit.ly/3LOexg2 Topics Discussed: Patience and discipline in value investing The dangers of hubris and confirmation bias Informed assumptions vs speculation Resources Discussed: Berkshire Hathaway shareholder letter (2013) Learn more about your ad choices. Visit megaphone.fm/adchoices

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496- FROM THE VAULT: What Happened to Horsehead Holding?

Engaging in any form of investment involves some level of uncertainty. While it's natural to feel proud of our achievements, it's equally important to analyze our process when things go wrong. As wit...

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495- FROM THE VAULT: Understanding Free Cash Flow

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494- Happy Holidays

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493- Eventing

So a business you own is undergoing an event that’s made the future less certain—so what’s your next move as a value investor? Finding the right time to sell can be difficult when the M.O. is to buy ...

21 Joulu 202440min

492- Questionable Mastery

Your circle of competence is the cornerstone of smart investing. Expanding your knowledge as you grow keeps your skills sharp and your strategy strong. When you focus on what you know best, you gain a...

10 Joulu 202430min

491- Google Brainpower

To novices and outsiders, the practice of investing can appear intimidating and overwhelming. However, despite the seemingly high barriers to entry and understanding market dynamics, an investor’s IQ...

5 Joulu 202447min

490- Talking Terumo part 2

As value investors, we aim to identify and monitor exceptional, well-managed companies that dominate their industries, effectively operating as unique monopolies. A good starting point is using Google...

27 Marras 202439min