6min chapter

Stansberry Investor Hour cover image

'Plan The Trade, Trade The Plan' – How Optimism Shapes Successful Investing

Stansberry Investor Hour

CHAPTER

The Importance of Valuation in Stock Trading

I feel most fundamental based investors are not rigorous enough. They need to be stricter about what they're looking at, right? And I think too often it's like, oh, it's a nice business. Okay, can grow some. It looks cheap. Who cares? Move on. You don't need a hundred stocks, right? You only need 20,. Let's say, um, you should probably be moving on to the next idea. Yeah, you only need 20, but boy, finding those 20 is something, isn't it?

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