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Podcast: My Worst Investment Ever Podcast
Episode: Therapong Vachirapong – You Need to Take Risk to Earn a Return
Description: BIO: Therapong Vachirapong is a Managing Director and a Head of Equity Research at Phatra Securities PLC.STORY: Therapong was a risk-averse investor who hardly took any risks. Therefore, he missed out on many investment returns and didn't increase his returns. The only time he’d take a risk was buying stocks when the prices were very low and in most cases, these stocks never grew in value.LEARNING: Avoid the maximum drawdown. You cannot increase your return without taking calculated risks. Have an investment style to avoid investing in everything. “Investing is ac...