IFB257: How to Know When to Take a Loss + Buying Great Companies for a Fair Price

Welcome to the Investing for Beginners podcast! In today’s episode, we will be answering two really good listener questions! We always love having our listeners send us questions as this not only challenges our thinking but also refreshes us on why we’re investing in the first place and this episode is like that! Listen on as we tackle all around important questions on when to sell, what to do on big drawdowns and how to manage your own margin of safety.

Timestamps of the episode:

-When to sell or double down on a beaten down stock. [02:13]

-How to handle drawdowns: an introspective look on Berkshire’s past and Paypal at the present. [05:58]

-People should embrace the randomness of the market more by taking a longer term view. [07:40]

-A stock’s price and it’s fundamentals don’t always correlate. [09:40]

-Buying a wonderful business at a fair price. [14:12]

-Building a margin of safety over time. [17:30]

-The mindset of limited arrows in a lifetime you can shoot on your bets. [20:28]

Note: Timestamps may differ and are approximate, depending on your podcast player.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com 

SUBSCRIBE TO THE SHOW

Apple | Spotify | Google | Stitcher | Tunein

You can find the transcript of today’s show below:

Contact [email protected] to advertise on Investing for Beginners podcast. The Investing for Beginners podcast is part of the Airwave Media podcast network.

Learn the art of investing in 30 minutes

Join over 45k+ readers and instantly download the free ebook: 7 Steps to Understanding the Stock Market.

WordPress management provided by OptSus.com