3min chapter

Investing With IBD cover image

Ep. 211 David Chung: Bill O'Neil And The Making Of Millionaires

Investing With IBD

CHAPTER

The Importance of Small Losses

Jeff Dreyfus' key to success was always keeping all the mistakes small, and every moment, I know Justin's talk about this. One story that really sticks sticks in my mind is the fact that Bill visited the office of Gerald Loeb another famous Wall Street investor who avoided the 1929 crash. If you can be right, 60% of the time, you can take that to the bank. And so that means that if you keep your if your mistakes small and your winners are really going to pay off.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode