September 28, 2023
IFB307: Buy When There Is Blood In The Street
The Investing for Beginners Podcast - Your Path to Financial FreedomAbout this episode
Welcome to episode 307 of "The Investing For Beginners Podcast"! In today's episode, Andrew and Dave will be diving into the topic of buying when there is blood in the street. With recent extreme volatility in the market, we thought it would be the perfect opportunity to discuss how this can present an opportunity to buy or sell particular companies. We'll be sharing our thought process on this matter and how you can leverage it in your own investing. To kick things off, we'll take a look back at a past event, specifically the banking industry crisis, and examine what lessons can be learned from it. We'll also explore our personal reasons for not taking advantage of the situation and the role influential investors like Warren Buffett play in shaping investor sentiment. So get ready to gain valuable insights into navigating volatile markets and seizing the right investment opportunities. Let's dive in! 00:01:44 Missed opportunity due to fear and lack of analysis during market turbulence. 00:03:13 Banks recovered, missed opportunity, uncertain future. 00:06:52 Research, understand, and make choices independently. 00:10:14 Buffett's investment in banks and differing opinions. 00:13:34 Stock plunged, but still believe in investment. 00:19:39 Understanding business and industry downturns is key. Examples: Nokia's mistake with Apple, uncertain of Intel's recovery. 00:24:15 Volatility is normal. Understand your investments. 00:26:19 Read a 10K, subscribe, review, invest safely. For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com Today's show sponsored by: Get 55% off your Babbel subscription at Babbel.com/BEGINNERS . Sign up for a one-dollar-per-month trial period at shopify.com/beginners . Skip the waitlist at masterworks.art/beginners . Sign up today at butcherbox.com/beginners and use code BEGINNERS to get $20 off your first order. The Average Joe Newsletter SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Stitcher | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices