Strategic Investment Mindset

#642: Curious about how individual stock picking could sharpen your investing skills—even if you’re an avid index fund investor?

Paula sits down with David Gardner, co-founder of The Motley Fool and author of Rule Breaker Investing, to delve into the world of contrarian stock strategies and the mindset behind picking standout companies.

Timestamps:

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(0:00) Sports team investing analogy

(4:20) Individual stocks vs index funds

(7:12) Values-based investing approach

(13:16) Starbucks pick criteria

(13:28) Six rule breaker traits

(20:41) Why overvalued works

(26:44) Market timing philosophy

(32:20) Traditional metrics miss key factors

(39:18) When to sell stocks

(45:26) Winners vs losers math

(48:32) Portfolio allocation rules

(55:10) Sleep number concept

(1:00:00) Adding to winners strategy

(1:05:16) Evaluating unfamiliar companies

(1:09:15) Dot-com bubble lessons

(1:16:24) AI investing parallels

(1:20:18) Sports betting critique

Resource:

David Gardner's book: Rule Breaker Investing: How to Pick the Best Stocks of the Future and Build Lasting Wealth

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