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Expert Investor: Kerr Neilson - Meet The Investor

Equity Mates Investing Podcast

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Keeping an Open Mind When Buying Unloved Stocks

Ren: The essential thing is that when you're looking at your case that you keep an open mind. And if you're stubborn for the sake of being proud, you lose money. It's not whether you've made a little money or not; it's how much money you lost on your supposed great insight. Don't be complacent and don't react to changes that go against the original reason that you invested in stocks. If you have some clear milestones or some objective standards by which you can judge your thesis, it's a good way to take the emotional bias out of it.

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