Reviewapalooza!: The Good, the Bad, And the Ugly
Rule Breaker Investing
The Motley Fool
4.4 • 959 Ratings
🗓️ 14 September 2022
⏱️ 59 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | 30 separate times about every 10 weeks on this podcast over six years. |
| 0:04.8 | I picked five stocks. I chose a theme that made sense to me at the time, |
| 0:10.3 | sometimes sublime, sometimes silly. |
| 0:13.0 | And then I thought to myself, |
| 0:15.0 | what are the five best recommendations that I can come up with for stocks that fit that theme? |
| 0:21.0 | Aiming, of course, always to beat the market, the S&P 500, |
| 0:25.9 | otherwise, hey, why are we bothering? |
| 0:29.4 | Then one year later we reviewed the picks |
| 0:31.5 | and then another year passes, the two-year review. |
| 0:34.2 | Yep. Two years later we never forget we hope you wouldn't also. We score |
| 0:39.3 | everything transparently and accountably because we're fools. You should expect that of us. |
| 0:45.5 | And then the three-year review, which is going to be the most telling. Why is that? |
| 0:51.1 | Well, first of all, three years have passed since I picked those five stocks we really can be |
| 0:56.7 | Smarter about what's happened and why and what we can learn after three full years and that's the smarter part but if I've done |
| 1:06.0 | my job well then we'll also be happier and richer as well. |
| 1:11.8 | Now that three-year review is also telling because most of the time we end the game |
| 1:15.4 | right there. We're going to keep holding those stocks in real life, mind you, and you |
| 1:20.1 | should too if you own them. But if I kept reviewing all 30 of my samplers |
| 1:26.1 | in years four and five and six, et cetera, |
| 1:30.1 | we wouldn't have time to do much else on this podcast. |
| 1:33.6 | Well, 30 separate times I've picked five stocks, |
| 1:36.1 | what I've also called my five stock samplers, |
... |
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