The Triumph of Adding to Your Winners
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 23 August 2022
⏱️ 19 minutes
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| 0:00.0 | How would an investor react if the company they bought shares of went bankrupt? |
| 0:10.4 | Let's find out. |
| 0:11.4 | Motley Fool Money starts now. |
| 0:14.9 | I'm Chris Hill and just like yesterday's episode with Jason Moser today, we've got the |
| 0:26.0 | investing origin story with Motley Fool's Senior Analyst Matt Argersinger. |
| 0:30.3 | And yes, the first stock he ever bought shares of was a company that went bankrupt just |
| 0:36.8 | three years later. |
| 0:38.2 | We'll get to that in a minute, but I started the conversation by asking him, who was the |
| 0:42.9 | first person to really start him on his investing journey? |
| 0:47.0 | My dad was a little bit of an investor. |
| 0:49.6 | He was in the army. |
| 0:53.0 | But I remember we got the Wall Street Journal at home and I can't remember when, but I |
| 0:59.5 | remember at some point I was probably seven or eight years old. |
| 1:02.2 | And you just look at, you flip through the Wall Street Journal back in the day when they |
| 1:06.0 | had pages and pages of stock tickers. |
| 1:09.0 | And you kind of just sort of like, what is going on here? |
| 1:11.1 | Why are the numbers moving around every day plus minus fractional? |
| 1:13.4 | I mean, it was all fractional back then. |
| 1:16.2 | I think I just got kind of intrigued by the idea that you could invest in these numbers. |
| 1:25.1 | But there were companies, these symbols, right? |
| 1:27.3 | And then the next day you could have more money. |
| 1:30.6 | And I think that was fascinating to me. |
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