Welcome to the Medfavor show, where the focus is on helping you grow and preserve your wealth.

Join us as we discuss the craft of investing and uncover new and profitable ideas, all to help you grow wealthier and wiser.

Better investing starts here.

Metfabor is the co-founder and chief investment officer at Cambria Investment Management. Did it industry regulations, he will not discuss any of Cambri's funds on this podcast. All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion of Cambria investment management or its affiliates. For more information, visit camriainvestments.com. What's up, everybody? It's time for another mebisode. Today's topic is one that's gnawing at me and

gnawing at me for years. And I've never been able to complete this piece out of thousands of

articles I've written numerous books, white papers, blogs, all that stuff. This is one I've

rewritten probably more than anything. And I don't think it's the best piece ever, but it may be one of the most

important. And the topic for so many people is about what do they do with an investment once they

have it? When to sell is the name of this mebisode. And it tackles when to let something go.

Let's begin. You spent countless hours doing due diligence,

digging through prospectuses, listening to podcasts, reading some white papers. You crafted a plan,

implemented a sound asset allocation portfolio, reflecting your goals and beliefs. You put the

money to work and now you're invested. Many investors now think they're done.

But for how much ever work went into the purchase decision, now comes the more challenging

part. Many investors spend countless hours fretting, deciding on what investments to buy with

their hard-earned money, their life savings, and then they just wing it.

The phraseology we often hear from new clients is, hey, Mab, we bought your fund.

We're going to watch it, and we'll see how it does.

We'll see how it goes.

What does that even mean?

Translation, if the fund goes up and outperforms in the coming months, we'll keep it.

But if it goes down or underperforms, you're out.

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