MI Rewind: Alternative Investing in Fine Wine w/ Anthony Zhang
The Intrinsic Value Podcast - The Investor’s Podcast Network
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When Should a Stock Be Sold?
In theory, you should go into an investment thinking that you're never going to sell. But when it actually comes to practice, there are sometimes where you might want to sell. If a company has significantly changed its business model, taken on a ton of debt, its losing ors or various other things, then i might consider selling because my investment thesis has changed. Or the second reason is if i expect an investment, say in ticker x y z, which is a make believe ticker. Just for this example, say i expect x y z to return ten % annually for the next five years. But i can buy a different investment, say it's in company a, b
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