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Annie Duke – Why Great Investors Are Great Quitters | #448

The Meb Faber Show - Better Investing

00:00

I Know I Can Turn It Around, I Want to Get My Money Back

A stop loss is a kill criteria. It's saying that if I own a stock and I start losing on it and now I'm in the losses, it's going to be really hard for me to sell it. Well sit down at that moment and said, how long am I willing to continue to do this? And what would I need to see? You should be putting that on kind of a regular cadence.

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