204- Short-Termism

Published: March 12, 2019, 11:13 p.m.

For show notes and more information visit investedpodcast.com.\nIn this episode, Danielle and Phil discuss why short term viewpoints in the stock market are terrible. When analysts upgrade or downgrade a stock and the price drops, it\u2019s terrible. When companies miss on earnings and the market responds with stock price dips, it\u2019s terrible. Once you start having to hit a certain number every quarter rather than having to hit a certain number over the next five years, it becomes risky. What started as people wanting to get more information on company earnings has become a problem of short-term thinking. Charlie Munger thinks that short-term investing is insane. He\u2019s said in the past that he almost never has a transaction.\nFor show notes and more information visit investedpodcast.com.\nLearn more about your ad choices. Visit megaphone.fm/adchoices