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Podcast: My Worst Investment Ever Podcast
Episode: Garrett Roche – Don’t Forget the Macro When Investing in Stocks
Description: BIO: Garrett Roche is Chief Investment Strategist at Uxbridge Capital Advisors, a private wealth advisory firm in New York City.STORY: Garrett got caught up in the Nokia stock when the technology bubble hit. He hung on to the stock for too long even though it was clear the stock was not about to go up. He lost 60% of his investment.LEARNING: Take a macro view when picking stocks. Have an average of 10 investments in your portfolio. “Don’t get caught up in the details of a single stock holding and focus so mu...