i'm curious, how often have you decided that you were wrong about an investment thesis? And maybe talk about what that experience was like. It's a great topic, because i don't think people talk about their losers enough. I mean, i'd say th the lens that i used to look at a business to day in invest to day is absolutely a derivative of all the mistakes that i've made as a manager and even in my private investing prior to that. The real big mistakes are compounded by other mistakes. So it's not just buying the wrong business, its finding a way to justify holding on to it.
IN THIS EPISODE, YOU’LL LEARN:
05:34 - How Jeremy selects companies that are positioned to not only survive but thrive.
10:28 - How valuation fits into Jeremy’s investment process.
30:16 - How he develops conviction for his holdings given that the future is unknowable.
48:42 - Why his fund only holds a handful of companies.
51:55 - Some of the biggest mistakes he has made and how he learned from those mistakes.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.
Help us reach new listeners by leaving us arating and reviewon Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!