Invest Like the Best with Patrick O'Shaughnessy cover image

Michael Mauboussin – Active Asset Management - [Invest Like the Best, EP.02]

Invest Like the Best with Patrick O'Shaughnessy

00:00

Is It a Different Skill Set?

There are usually three reasons that you would sell a security. The first is, you screwed up. You had some sense of a fundamental outlook, which has not proven to be accurate. And so that's the good reason to sell something. So there may be a case where you think stock a is attractive, but now you identify stock b, which looks even more attractive,. Just to improve your relative position. It probably is a different skill set. But, and we right about this an expectations.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner