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How to Know When It's Time to Leave a Leader
Justin Nielsen: How is an investor supposed to know when the party is over? Scott St. Clair: I think there's been maybe four to six times in my career, 25 years, where having sell rules has saved my bacon. The math is cruel as we are learning to the downside; it just doesn't seem fair that you make a hundred percent on the way up is the same as 50% on the way down. We'll be right back with our weekly investing chat about irrational exuberance and how to leave them behind.