In this episode, Mark talks about what should you do if you own a stock and the stock goes down by a large percentage (relative). He discusses the difference between yield and return, as well as weather vs investing - both can be unpredictable and both can change your mood and play with your emotions. A lot of people get paid to be right in both, and they will be wrong. Ask questions when things are uncomfortable or something doesn’t feel right. Buy and sell disciplines are vital and you have to take loss to offset gains. If your portfolio is growing and enabling you to reach your goals then your process is working.
May 2, 2017