David Gardner on Investing During Tough Markets
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 27 August 2022
⏱️ 22 minutes
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| 0:00.0 | And that's what I've been trying to say, especially through my podcast over the last year. |
| 0:05.0 | I think a lot of us are going to look back at some of the prices we paid in the spring |
| 0:09.0 | in the summer and go, wow, I got a pretty good price on that stock that day. |
| 0:15.1 | And yet, importantly, it didn't feel good at all to pick it. |
| 0:24.5 | I'm Chris Hill, and that's David Gardner, co-founder of the Motley Fool and host of the |
| 0:29.1 | Rulebreaker Investing Podcast. |
| 0:31.5 | I caught up with him because 2022 has been a rough one for stocks in general and certainly |
| 0:37.2 | for rule-breaking companies. |
| 0:39.5 | We talked about two books that can help your investing mindset, what we can learn from |
| 0:44.0 | zoomed videos, short, strange trip, and what David is especially curious about right now. |
| 0:57.3 | Let's start with doing something that I know is not your favorite exercise, but it's |
| 1:01.8 | looking backwards because the first half of this year was the roughest first half of |
| 1:10.0 | the calendar year for investors that we've had in decades. |
| 1:15.2 | And it was particularly tough on growth stocks, rule-breaker stocks. |
| 1:21.8 | And I'm curious if there was any point where you thought to yourself, you know what, the |
| 1:29.5 | thesis on this company might be broken. |
| 1:33.6 | Or did you just view it as, look, we haven't had a pullback like this in some time. |
| 1:40.4 | Maybe we were overdue. |
| 1:42.2 | And as we always have in the past, as investors, we'll get through this as well. |
| 1:47.8 | Wow, well, I would say all the above. |
| 1:52.1 | Let's just pull it apart for a sec. |
| 1:54.7 | I would say first of all that I'm always investing. |
... |
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