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Ep. 22: How To Overcome Bad Mistakes With Big Winners With Alissa Coram

Investing With IBD

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The Importance of Making Mistakes

The key is you're, we're all going to make mistakes, right? And that's part of the game. That was one of the first things when I heard Bill talk and this is back like in 2002 after the Sketchers mistake. One thing he emphasized in the seminar was you're going to make a lot of mistakes and you just have to learn from them. The rules they really do benefit you. Once you do become really comfortable with them, it helps you so much in spotting the stocks that you do feel like are worth buying,. But knowing that the market conditions are in your favor, not making excuses.

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