In this episode, Mark talks about Snapchat hitting the market. For long-term investing, snapchat doesn’t seem like the best investment. It's a questionable way for the app to monetize. Just because you make more money doesn’t mean the stock is going to go up in price. Proven investment philosophy and strategy is important when it comes to the companies you invest in. He also talks about Growth At a Reasonable Price (GARP). If you’re going to make an investment in something how much should you pay for it? If you’re happy with what's going on and you’re happy with your advisor, then your investments are doing the best they can.
March 2, 2017