4.5 • 928 Ratings
🗓️ 3 March 2021
⏱️ 75 minutes
🧾️ Download transcript
Today we're adding up the score and closing the books on both 5 More Stocks to Feed the Next Bear and 5 Stocks The World Needs Right Now. Is the bear still hungry? Does the world still need them? Tune in to find out, Fools!
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0:00.0 | If you're going to pick stocks, particularly in public, |
0:02.7 | but even in private, I highly suggest you keep score. |
0:06.8 | It's a central tenant of this podcast |
0:08.8 | and indeed of the company behind it, the Motley Fool, |
0:11.4 | we pick stocks and we keep score, whether we like the |
0:14.9 | score or not. Because if we like the score well that's why we invest. There's |
0:19.9 | nothing like the feeling of winning, consistent winning, sometimes spectacular winning, to bring a smile |
0:26.4 | to your face and maybe some financial freedom to your life, right? |
0:31.2 | That's why we win. But if you don't like the score, if you lost, what better wake-up call could you ask for? |
0:39.0 | Because by keeping score, if you find you're not liking the score, you're achieving, change things up. |
0:45.0 | Maybe there's something as an investor you're not doing enough. |
0:48.0 | Or maybe there's something suboptimal that you're doing too often. In either case, you probably won't figure this out unless you're keeping score. |
0:58.0 | So whether you won or whether you lost that keeping score and learning. |
1:05.4 | We need a score to learn. |
1:09.6 | We need a score to learn. |
1:10.8 | Without a score, the learning loop is broken. |
1:14.0 | And how many people out there, not just in the markets, but in society, are not learning, |
1:19.0 | learning all that they can because they're not holding themselves accountable. |
1:23.3 | Dear fools, let's not join their ranks. |
1:25.6 | And so we pick and we score. |
1:28.3 | And then, one year later, two years later, |
1:32.4 | three years later, even sometimes like this week's |
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