Most people shouldn’t invest in single stocks - they’d be better off investing in index funds - but that doesn’t stop a lot of people trying. That’s the view of Sasha Yanshin, YouTuber, Damo’s friend and nemesis - and it’s Damo’s view too. Despite that, Sasha does invest in individual companies and Damo does keep up to 10% of his allocation for investing in specific stocks (because he enjoys it).
In this episode, Sasha explains his process, as well as some best practices in case you want to chance your arm. But please be mindful of the risks and consider capping your exposure if it is something you want to try.
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