3min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

IFB257: How to Know When to Take a Loss + Buying Great Companies for a Fair Price

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

What Is Going on With the Business?

Visa lost 40% during the pandemic, which could have been a real hardship for the company. Irregardless of where the price is today, whether it's down 60% or whether it's up 20%, you're still going to do well in 10 yearsDowns: I think sometimes we get emotionally attached to the investments. We can learn more from companies that don't do well from poor choices and investments.

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