MI225: Studying Superinvestors w/ David Rubenstein
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How to Cut Your Losses, Versus Stick to Your Conviction?
I think the hardest thing about being a contrarian investor is maybe realizing when you're wrong. There are going to be times when your bet isn't right, and i'm just wondering how do you navigate those situations? When it's something new, ask younger people what they think. You know, very often you'll see on investment committees of organizations people who are 50 years old, 60 years old, 70 years old. And so keep in touch with the younger people, cause thy're going to spot trends much more than the older people.
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