When the Facts Change, We Change Our Minds (Anatomy of a Sale) – Ep 81

In investing, one of the most important traits an investor can have is intellectual flexibility. Buffett, for example, is very dispassionate about what he owns; he has the ability to change his mind. In the early part of 2020, he was the largest...

In investing, one of the most important traits an investor can have is intellectual flexibility. Buffett, for example, is very dispassionate about what he owns; he has the ability to change his mind. In the early part of 2020, he was the largest shareholder of US airline stocks, and was actively buying more, only to sell them a few weeks later. This quarter, Vitaliy did something similar with a company his firm, IMA, admires. In this podcast, Vitaliy explains what that company was, and why it matters.

You can read this article online at: https://contrarianedge.com/when-the-facts-change-we-change-our-minds-anatomy-of-a-sale/

Disclosure: Read this before you buy your next stock

 

Related Articles

A Balanced Life: My Approach – Ep 238

📩 Join 91,000+ readers on my FREE weekly email newsletter:   📚 Get my books: Soul in the Game -  The Little Book of Sideways Markets -   Active Value Investing -    WHO AM I: Vitaliy Katsenelson is the CEO of...

Choosing an Investment Manager: Beyond Warren and Charlie – Ep 237

If you were obliged to invest all your investable assets with one person and you couldn’t choose Warren or Charlie, whom would you pick?   📩 Join 90,000+ readers on my FREE weekly email newsletter:   📚 Get my books: Soul in the Game...

Q&A Series: On Parenting and Personal Growth – Ep 236

📩 Join 90,000+ readers on my FREE weekly email newsletter:   📚 Get my books: Soul in the Game -  The Little Book of Sideways Markets -   Active Value Investing -    WHO AM I: Vitaliy Katsenelson is the CEO of...

Challenging Investment Rules and Key Investor Traits – Ep 235

📩 Join 89,000+ readers on my FREE weekly email newsletter:    📚 Get my books: Soul in the Game -  The Little Book of Sideways Markets -   Active Value Investing -    WHO AM I: Vitaliy Katsenelson is the CEO of...