Why We Sold Softbank – Ep 37

"If you meet the Buddha on the road, kill him" – this old Buddhist saying implies that we need to be able to destroy our most cherished beliefs. We can grow only if we are able to reassess our belief system. Softbank has been a very successful...

“If you meet the Buddha on the road, kill him” – this old Buddhist saying implies that we need to be able to destroy our most cherished beliefs. We can grow only if we are able to reassess our belief system. Softbank has been a very successful investment for Vitaliy’s firm, IMA. He thought he’d own the stock for decades. But a few weeks ago, Vitaliy sold Softbank stock. Why? Vitaliy “met the Buddha on the road, and killed him” — at least for now. 

What Would You Get if You Crossed Warren Buffett, Richard Branson and Steve Jobs? (Updated)

You can read this article online at: https://contrarianedge.com/why-we-sold-softbank/

Disclosure: Read this before you buy your next stock

   

 

 

Related Articles

The Magnificent 7 and the Dangers of Market Hype – Ep 224

Despite the S&P 500 showing gains in the mid-teens, the average stock on the market is either up slightly or flat for the year. Most of the gains in the index came from the Magnificent 7 stocks, which constitute 35% of the index!  The...

What Makes for a Great Investor? – Conversations with Vitaliy – Ep 47

📩 Join 89,000+ readers on my 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 Investment Management...

The Right Way To Think – Conversations with Vitaliy – Ep 46

📩 Join 88,000+ readers on my 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 Investment Management...

Benefits of Travel- Conversations with Vitaliy – Ep 45

📩 Join 88,000+ readers on my 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 Investment Management...