51 - Psychology of Selling Losers
The DIY Investing Podcast · Trey Henninger: Private Investor, Portfolio Manager, Business Strategist, and Value Investing Expert
Audio is streamed directly from the publisher (pdcn.co) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
- Opportunity cost
- Loss Aversion
- Diversification vs Concentration
- Price Anchoring
- Zero-Based Budgeting
- Commitment Bias
- Game Theory: Minimax Theorem
If you enjoyed this podcast and found it helpful, please consider leaving me a rating and review. Your feedback helps me to improve the podcast and grow the show's audience.
Follow me on Twitter and YouTubeTwitter Handle: @TreyHenninger
YouTube Channel: DIY Investing
Support the Podcast on PatreonThis is a podcast supported by listeners like you. If you'd like to support this podcast and help me to continue creating great investing content, please consider becoming a Patron at DIYInvesting.org/Patron.
You can find out more information by listening to episode 11 of this podcast.
Show OutlineThe full show notes for this episode are available at https://www.diyinvesting.org/Episode51
My portfolio Current/Future State- Owned 11 stocks
- 5 winners
- 5 losers
- 1 borderline loser
- The goal is to reduce to 5 positions
- Sold 4 stocks so far (made money on 2, lost money on 2)
- Not all "losers" lost money. Some made money.
- It's all about future return potential from here
It's all about opportunity cost. Use rational analysis to overcome your behavioral biases.