Is Buy-and-Hold Investing Capable of Yielding 100x Returns? | TIP556: The Book on Achieving 100 to 1 in the Stock Market
💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: 🔐 Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today: Clay reviews Thomas Phelps’s book - 100 to 1 in the Stock Market, and also highlights writings put out by Akre Capital Management. ▶️ RELATED EPISODES: - 100 Baggers: Stocks that Return 100-1 w/ Chris Mayer: IN THIS EPISODE YOU’LL LEARN: - Common characteristics of companies that increased their share price by 100x. - Why most investors aren’t able to hang onto their winners as Phelps suggests. - Why good stock selection is much more important than good stock market timing. - Mental models Phelps uses to figure out the odds when investing. - Why we should invest with companies that align with our own values. - When to look for potential 100 Baggers. - The four categories of companies that were 100 Baggers in Phelps’s study. - Who...