Okay, Computer: Q1 Tech Earnings Preview with Gene Munster of Deepwater Asset Management
RiskReversal Pod
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The Discipline of Investing
Investing is very emotional. It becomes personal when you have a conviction about where things going, it can become personal that you have put a stake in the ground. And having the discipline to say I was wrong and to back up, I'll give you an example of a company that we had owned where I was wrong on it. We sold it before at bottom to well before at bottom. But it definitely was not the outcome that we wanted. You reserve the right to change your mind, you know. The long-term investor doesn't like to hear people change their mind too much.
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