5min chapter

The Compound and Friends cover image

The Game Has Changed

The Compound and Friends

CHAPTER

Buy Stocks That Are Already Going Up - Is That a Good Place to Buy?

If you want to buy a stock to go up, buy one that's already going up. It goes against all of our instincts. The trade of this year, obviously, and anything related to energy, these were cheap stocks and downtrends last year. This year, they crossed over to becoming cheap stocks in upt trends. But a lot of money had already been made before they became a cheap stock going up. That should never work. On both sides, it never works.

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