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Podcast: My Worst Investment Ever Podcast
Episode: Lance Depew – You’re Going to Lose Despite Your Best Efforts
Description: BIO: Lance Depew has over 30 years of equity research, portfolio management, and corporate finance experience.STORY: Lance’s worst investment was in a company called Transocean. He bought shares on in 2006 at $80.35 a share. He ultimately exited the position in 2020, when the shares sold at less than $1 a share.LEARNING: Regardless of how smart you are and how much homework you do, things can go wrong when investing. Take steps to de-risk your positions. “Despite your best-laid plans, things can still go wrong.”Lance Depew Guest profileLance De...