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Podcast: My Worst Investment Ever Podcast
Episode: Mike Philbrick – Just Because You’re Winning Doesn’t Mean You’re Smart
Description: BIO: Mike Philbrick is the CEO of ReSolve Asset Management. He has over 30 years of experience in investment management, serving in senior investment industry positions with several major financial services firms, and is responsible for investment decisions, coaching, and strategic leadership.STORY: Mike learned of a mining stock at the urinal. He invested, and the stock performed well because the mining industry was on fire. And so encouraged by early success and massive ignorance, Mike wiped all of those gains in no time.LEARNING: Don’t over-leverage. Understand what kind of investor you are. Ensure yo...