July 12, 2017
https://youtu.be/FW6iBuBV-c8?rel=0
Dan Solin's Investing Secrets: Admire the Company, Not the Stock
Have you heard this advice? "Buy stocks from companies you like."
Seems like good advice, but it isn't. Stocks on the admired list actually underperform stocks from less admired companies.
Don't invest in companies you admire. Consider value stocks. They have higher expected returns!
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