25 min
Laurent Lequeu – Sizing Is Crucial When Trading My Worst Investment Ever Podcast
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- Investing
BIO: Laurent Lequeu is a multi-asset investor dedicated to assisting High Net Worth Individuals and Retail Investors in achieving financial success through actionable investment insights derived from comprehensive global macro trends and meticulous bottom-up analysis.
STORY: Laurent thought he could outsmart all the hedge funds and the most brilliant investors by shorting NVIDIA before the first quarter results. His thesis was that the stock was an extended and overcrowded trade. However, people were still interested in the stock, so the price didn’t fall as Laurent expected. Consequently, he made a loss.
LEARNING: Sizing is crucial, especially in a short position. Apply risk management when investing. Accept that you’re going to be wrong.
“You have to admit that you’re wrong and that the market is always right.”Laurent Lequeu
Guest profileLaurent Lequeu is a multi-asset investor dedicated to assisting High Net Worth Individuals and Retail Investors in achieving financial success through actionable investment insights derived from comprehensive global macro trends and meticulous bottom-up analysis.
Laurent is a global citizen with a mission to enhance financial literacy and empower individuals worldwide through education.
Worst investment everNot too long ago, Laurent thought he could outsmart all the hedge funds and the most brilliant investors by shorting NVIDIA before the first quarter results. His thesis was that the stock was an extended and overcrowded trade. However, people were still interested in the stock, so the price didn’t fall as Laurent expected. Consequently, he made a loss.
Lessons learnedSizing is crucial, especially in a short position.Apply risk management when investing.
Andrew’s takeawaysYou have to accept that you will be wrong, and when you get it wrong, be willing to exit, particularly in a short position.If you don’t admit you’re wrong, the market will admit it for you.
Actionable adviceBefore you enter the trades, know how much you can lose. Knowing what you can lose is more important than knowing what you can win. Also, admit that you’re wrong because there’s nothing wrong with being wrong. This is an industry where you must be right more often than wrong, but you will be wrong eventually.
Laurent’s recommendationsLaurent recommends focusing on personal learning and personal development regarding financial literacy.
No.1 goal for the next 12 monthsLaurent’s number one goal for the next 12 months is to be fully dedicated to his new company, which is focusing on improving financial literacy for everyone. He also wants to democratize and demystify macro investing.
Parting words
“Unlock your individual financial success and learn to be financially independent.”Laurent Lequeu
[spp-transcript]
Connect with Laurent LequeuLinkedInFacebookTwitterYouTube a...
BIO: Laurent Lequeu is a multi-asset investor dedicated to assisting High Net Worth Individuals and Retail Investors in achieving financial success through actionable investment insights derived from comprehensive global macro trends and meticulous bottom-up analysis.
STORY: Laurent thought he could outsmart all the hedge funds and the most brilliant investors by shorting NVIDIA before the first quarter results. His thesis was that the stock was an extended and overcrowded trade. However, people were still interested in the stock, so the price didn’t fall as Laurent expected. Consequently, he made a loss.
LEARNING: Sizing is crucial, especially in a short position. Apply risk management when investing. Accept that you’re going to be wrong.
“You have to admit that you’re wrong and that the market is always right.”Laurent Lequeu
Guest profileLaurent Lequeu is a multi-asset investor dedicated to assisting High Net Worth Individuals and Retail Investors in achieving financial success through actionable investment insights derived from comprehensive global macro trends and meticulous bottom-up analysis.
Laurent is a global citizen with a mission to enhance financial literacy and empower individuals worldwide through education.
Worst investment everNot too long ago, Laurent thought he could outsmart all the hedge funds and the most brilliant investors by shorting NVIDIA before the first quarter results. His thesis was that the stock was an extended and overcrowded trade. However, people were still interested in the stock, so the price didn’t fall as Laurent expected. Consequently, he made a loss.
Lessons learnedSizing is crucial, especially in a short position.Apply risk management when investing.
Andrew’s takeawaysYou have to accept that you will be wrong, and when you get it wrong, be willing to exit, particularly in a short position.If you don’t admit you’re wrong, the market will admit it for you.
Actionable adviceBefore you enter the trades, know how much you can lose. Knowing what you can lose is more important than knowing what you can win. Also, admit that you’re wrong because there’s nothing wrong with being wrong. This is an industry where you must be right more often than wrong, but you will be wrong eventually.
Laurent’s recommendationsLaurent recommends focusing on personal learning and personal development regarding financial literacy.
No.1 goal for the next 12 monthsLaurent’s number one goal for the next 12 months is to be fully dedicated to his new company, which is focusing on improving financial literacy for everyone. He also wants to democratize and demystify macro investing.
Parting words
“Unlock your individual financial success and learn to be financially independent.”Laurent Lequeu
[spp-transcript]
Connect with Laurent LequeuLinkedInFacebookTwitterYouTube a...
25 min