During their recent episode, Taylor, Carlisle, and Chris Bloomstran discussed Most Investors Sell at the Worst Time—Here’s Why It Hurts Return. Here’s an excerpt from the episode: Jake: The unfortunate thing, is there’s a catch too there where in order to fully believe in why you should expect to get … Read More
Phil Fisher: The Danger of “Breaking Even” Mindset
In his book – Common Stocks and Uncommon Profits and Other Writings, Phil Fisher discusses the psychological challenge of handling investment mistakes, emphasizing the role of ego. Investors often struggle to admit mistakes, preferring to hold onto losing stocks until they “break even” rather than accepting a small loss. This … Read More