IFB257: How to Know When to Take a Loss + Buying Great Companies for a Fair Price

The Investing for Beginners Podcast - Your Path to Financial Freedom

Andrew Sather

Investing, Business

4.1 • 1.5K Ratings

🗓️ 26 January 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to the Investing for Beginners podcast! In today's episode, we will be answering two really good listener questions! We always love having our listeners send us questions as this not only challenges our thinking but also refreshes us on why we're investing in the first place and this episode is like that! Listen on as we tackle all around important questions on when to sell, what to do on big drawdowns and how to manage your own margin of safety. Timestamps of the episode: -When to sell or double down on a beaten down stock. [02:13] -How to handle drawdowns: an introspective look on Berkshire's past and Paypal at the present. [05:58] -People should embrace the randomness of the market more by taking a longer term view. [07:40] -A stock's price and it's fundamentals don't always correlate. [09:40] -Buying a wonderful business at a fair price. [14:12] -Building a margin of safety over time. [17:30] -The mindset of limited arrows in a lifetime you can shoot on your bets. [20:28] Note: Timestamps may differ and are approximate, depending on your podcast player. For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Stitcher | Tunein Contact sales@advertisecast.com to advertise on Investing for Beginners podcast. The Investing for Beginners podcast is part of the Airwave Media podcast network. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is a Glass Rocks Media Podcast.
0:07.0	This episode is brought to you by London Business School.
0:10.0	Looking to accelerate your business or understand the opportunities in AI or ESG,
0:15.0	are you thinking about taking the plunge into entrepreneurship
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0:25.0	subject experts and industry insiders, look for podcasts from London Business School.
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	...

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