The Cardinal Sin in Investing Is Selling Too Soon

I think the cardinal sin in investing is selling too soon. People do not have a big enough imagination as to how high a stock can go. In any portfolio o'f like, say, 20 stocks, you basically have one or two stocks that go up ten x, a hundred x,. The rest of them kind of go nowhere. And if you don't allow them to do that, then you're going to have pretty average gains in your portfolio.

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.