2min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

IFB257: How to Know When to Take a Loss + Buying Great Companies for a Fair Price

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

You'll Never Fail if You Don't Quit

The late and great Kobe Bryant said there is no failure if you don't quit. You just got to be patient. Patience does not come easy and it's not cheap. That's one thing I want to make sure that people don't take away from this, that if you have companies that are down or if your portfolio was down 20, 30, 40 percent for the year, you know, join the club. It's part of the game. And if you quit, then unfortunately you will fail. But if you stick with it and keep going and doing the things that we've been talking about on the podcast for five plus years, then you will be successful over a long period

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