I’ve been refining my process for longer-term holds, and the market just handed me 5 painful but valuable lessons.
In this episode:
Management Integrity: If they miss guidance, get out.
Buy the Leader: Don't nurse the loser (NVO) when the winner (LLY) is running.
Positioning: Be okay with half-size until the chart proves you right.
Crowded Trades: Beware of "Value" stocks that are actually just stuck longs.
Execution: Never add to a loser until fundamentals and technicals improve.
Listen in for the full breakdown.