13 min

The Problem With Taking Big Bets DO MORE WITH YOUR MONEY

    • Investing

So you took a big bet on an individual stock and won, but what's next?

When do you transition from concentration to diversification?

Will you take more bets in the future?

In this podcast episode, I share the problem with taking big bets and the psychological dilemmas it can create.
Winning in the short term is great, but to win consistently, you need a sustainable strategy you can maintain conviction in.
Return on effort in the real world matters.

So you took a big bet on an individual stock and won, but what's next?

When do you transition from concentration to diversification?

Will you take more bets in the future?

In this podcast episode, I share the problem with taking big bets and the psychological dilemmas it can create.
Winning in the short term is great, but to win consistently, you need a sustainable strategy you can maintain conviction in.
Return on effort in the real world matters.

13 min