Want to create an interactive transcript for this episode?
Podcast: My Worst Investment Ever Podcast
Episode: Vitaliy Katsenelson – Be Willing to Endure Short Term Pain for Long Term Gain
Description: BIO: Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.”STORY: Vitaliy bought stocks in a company that had been named the worst company ever. He bought the stock at $16, it went to $10, and then up to $26. Vitaliy sold, and this is a decision that he regrets. Today, the stock is at $120.LEARNING: Be willing to endure short-term pain for long-term gain. Don’t stop researching. Use stop losses to exit bad investments. “Don’t shrink your...