6 Reasons to Sell and One Metric That Drives Returns
The Canadian Investor
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Navigating Investment Decisions: When to Sell
This chapter examines the critical factors influencing the decision to sell a company, highlighting the need for adaptive investment strategies amidst evolving market conditions. It discusses the importance of maintaining documentation of investment theses and the role of management decisions on performance evaluations, using specific examples of companies like Carvana and Teladoc. Additionally, the chapter emphasizes the necessity of setting a personal hurdle rate to guide decision-making, as well as the psychological challenges investors face when considering the sale of underperforming assets.
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