Lessons From My First High Conviction Investment
People on social media love to talk about investing, but few will do the due diligence for their investments. Throwing money at companies without doing any research is closer to gambling than investing. There is nothing inherently wrong with this, but when an investment has a large drawdown the...
The Myth of a Cheap Stock
The other day I was chatting with my father about the stock market when he mentioned that he liked General Electric ($GE) because it was cheap. I cringed immediately. Every time I hear someone use “cheap” to describe a stock it takes every ounce of my being not to...