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Rule Breaker Investing

December 2024 Mailbag: Portfolio-Level Thinking

Rule Breaker Investing

The Motley Fool

Business, Investing, Invest, Rulebreaker, Stocks, Company, Growth, Stockmarket, Fool, Foolish

4.5928 Ratings

🗓️ 25 December 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

From a preschool teacher newly inspired to invest at 73 to a lifelong Fool whose Microsoft shares became a 500-bagger, this year-end Mailbag brims with transformational stories. Listeners wrestle with rebalancing versus “never sell,” explore “layering in and out” of big winners like Tesla, and reflect on optimism as both delicate and powerful. David highlights multigenerational lessons—like gifting You Have More Than You Think to a nephew-turned-advisor—and celebrates that it’s never too late to start making smarter, happier, and richer choices. This holiday season, embrace the joy of learning from each other, fueling a Foolish momentum into 2025.

 

Host: David Gardner

Producer: Desirée Jones

 

Companies mentioned: AMZN, CSCO, MELI, META, MIDD, MRK, MSFT, NFLX, NVDA, RCL, SBUX, SHOP, SQ, TMDX, TSLA, WM, WMT

Transcript

Click on a timestamp to play from that location

0:00.0

Once you get to the end of things, it gives you a perspective you never could have had because you

0:05.1

needed to get to the end of the story in order to see what happened and then to reflect more knowingly

0:11.4

on what went before. That's what happens for me every year right around this time. We made it to the

0:16.6

end of another year, 24. You can look back on it now. You saw all that happened, all the good, all the bad,

0:24.2

all the fair to Midland. And so we now have the privilege of perspective, what you simply couldn't have

0:31.1

had about 2024, 52 weeks ago. We can now all of us see the whole thing. Zooming out one level, we can now

0:39.9

engage in what I call portfolio level thinking. So here we are at the end of it all,

0:47.5

2024. This is the last rule breaker investing podcast of this year. Next week's episode appears,

0:52.8

as always, Wednesday, 4 p.m. But next Wednesday is

0:56.4

January 1st, 2025. So here's my question for you. What three lessons will you take away from

1:03.5

24, personally, professionally, culturally? And with whom will you share those three lessons? Here at the end of it,

1:13.3

2024, we will close things out as we do every month at this time. It's your mailback,

1:19.1

only on this week's Rule Breaker Investing. It's the Rule Breaker Investing podcast with

1:26.6

Motley Full co-founder, David Gardner.

1:31.6

Welcome back to Rule Breaker Investing, and for those who celebrate Merry Christmas,

1:36.5

happy Hanukkah, happy Kwanza, I know I'm missing some others.

1:40.4

It is a special time of the year for so many of us us for a motley number of reasons. Of course, religious

1:46.0

celebrations often come to mind, but it's also the end of a year and we're getting ready for

1:51.4

the start of a new year. It is a momentous time. And I was listening back to my mailbag last year at

1:57.9

this time. And I said, and I quote, and maybe just maybe in 2024, the stock market

2:03.5

will do as well as it did this year, where it was a nice year of bounceback. The S&P 500 was up 20%

2:09.7

plus. I said, I'll take that every year last year and concluded by saying, and hey, I think the

...

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