Emily Flippen
👤 PersonAppearances Over Time
Podcast Appearances
When you look at the sell history here at The Fool, Netflix aside, I mean, what stands out to you?
I love that.
It's never too late.
Sometimes people think that I've made a mistake, and you have the sunk cost fallacy behind it all.
And the reality is that there's no mistake that's too late to correct.
And I know we've already hit on a couple of big themes here, right?
Our emotions, I hate the volatility, and the math of big winners typically is way more powerful than our brains clearly want to admit.
But up next, we're going to be walking through a few more of those, like, we sold this and then watched it soar stories, and then pull out some of the patterns that we think investors should be looking out for.
So stick with us.
Welcome back to Motley Fool Money!
We're talking about the pitfalls of selling stocks, and as such, I think it's time that we need to, say, roast ourselves a little bit by looking at some specific sells that aged rather poorly.
Prior to today's show, I pulled together a list of some of the best-performing sells from Stock Advisor and Rule Breakers.
And it's important to note that these are, of course, cherry-picked.
There's plenty of sell recommendations that were, at least so far, the right choice.
But hopefully, when we look at these, we can see some common denominators about what made these the wrong choice.
This list included companies like you mentioned, Jeff, Sea Limited, but also companies like First Solar, Chipotle, Garmin, Royal Caribbean, all of which are up hundreds, if not thousands, of percentage points since being sold.
Jeff, I want to start with you.
When you first looked at that list that I sent around, what jumped out?
Were there common reasons that we gave for selling that, in hindsight, just weren't as strong as they felt in the moment?
Even still, with the massive pullback in Chipotle, that's comparatively impressive.