Brian Feroldi

speaker

282 appearances 2 recordings 1 series first heard Apr 2022 last heard Dec 2022

Brian Feroldi’s voice in public audio — every appearance, attributed to the second.

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End of research.

That was my research process was, oh, I'll buy this dollar company because it'll go to $2.

It only has to go up $1 and then I double my money.

But Coca-Cola, that has to go up like $40 for me to double my money.

Forget that.

So I did terribly in the beginning because I was buying garbage and I had no idea what I was doing.

That was mistake number one.

Mistake number two, after that fiasco, I started focusing on dividend investing.

stocks, right?

The highest yielding dividend stocks that I could find.

I was like, you know, here's a company, it's yielding dividend yields 15%.

So I just got to buy this thing, not sell it.

And I make 15%.

Sounds great to me, right?

Again, zero research, zero knowledge, zero nothing.

And understandably, I lost money because once again, I was buying horrible businesses.

I just didn't realize it at the time.

After that, I kind of got slowly better about investing, about learning and getting my teeth kicked in a couple of times.

But beyond that, the biggest mistakes that I've ever made with individual stock investing all contain one word.

And boy, is this a painful word to say.

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