Want to create an interactive transcript for this episode?
Podcast: My Worst Investment Ever Podcast
Episode: Carter Malloy – Valuation Is Not a Reason to Invest
Description: BIO: AcreTrader’s CEO, Carter Malloy, grew up in an Arkansas farming family and has had a lifelong passion for agriculture and investing. Before founding AcreTrader, he spent five years as part of the founding team of a successful global equity investment firm.STORY: Carter was super impressed by a healthcare software company whose stock was really expensive, and the valuation was crazy high. Carter decided to short the company’s stock. However, he lost most of his money because the stock almost doubled on him.LEARNING: Valuation is not a reason to invest. Don’t bet aga...