Journey in your mind back to March 2002. The stock market was still stumbling around in the aftermath of the dot-com crash, and retail investors were running scared. It was into that environment that Tom and David Gardner launched a monthly newsletter featuring one stock pick from each brother, with detailed explanations about why they'd been chosen -- a friendly fraternal competition that became the foundation of the Stock Advisor portfolio. The returns on those investments have well outpaced the broader market gains in the ensuing 16 years. Had you acted on all of their recommendations, you'd have reaped a market-mashing 1,955% return overall.
Profit, however, isn't the only thing the Gardners have accrued in the intervening years. They've also figured a few things out along the way. So, in this Rule Breaker Investing podcast, David Gardner shares, not stock picks, but interesting conclusions -- six of them -- from his 200 months selecting recommendations for Stock Advisor.
In this segment, he unpacks the most interesting and important of those conclusions, which he describes as "the math of losing to win.” Because, as he explains, when you pick any number of stocks -- even with the best of intentions, and strong reasons to believe in them -- you’re bound to get some absolute stinkers, the kind that’ll lose half or more of their value while you hold on patiently. (And he has.) So, let’s let him explain why that’s not the problem you might think.
------------------------------------------------------------------------
Subscribe to The Motley Fool's YouTube Channel:
http://www.youtube.com/TheMotleyFool
Or, follow our Google+ page:
https://plus.google.com/+MotleyFool/p...
Inside The Motley Fool: Check out our Culture Blog!
http://culture.fool.com
Join our Facebook community:
https://www.facebook.com/themotleyfool
Follow The Motley Fool on Twitter:
https://twitter.com/themotleyfool
Why Investors Need to Lose to Win profit and loss statement | |
| 18 Likes | 18 Dislikes |
| 602 views views | 205K followers |
| News & Politics | Upload TimePublished on 23 Oct 2018 |
Không có nhận xét nào:
Đăng nhận xét