Ep. 192: Scott St. Clair: Leaders Don't Last Forever
Scott St. Clair stresses the importance of selling. This is where chart reading and risk management can help protect you from getting enamored with a story.
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Show Notes
Scott St. Clair, Premium Product Group Manager at IBD, rejoins the show to stress the importance of selling. With many former leaders down 70% or more, how do you protect your portfolio from taking such big drawdowns? He shares some portfolio management rules that rely on incremental rather than all-or-nothing decisions. Charts are also critical. We finish with a look at stocks like Schlumberger (SLB), APA (APA) and Axcelis Technologies (ACLS). For the video version, visit investors.com/podcast.
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