My Worst Investment Ever Podcast
Business:Investing
BIO: Christopher Panagiotu hosts the “CAPitalize Your Finances” podcast and is the original CAPitalizer: one who is obsessed with understanding what there is to know about their passion.
STORY: Chris was suckered into buying Ford and GameStop shares by the high dividends the companies were offering. However, both companies couldn’t afford to pay those dividends. Chris also started a business to steal customers from his father, whom he despised. The business lasted only seven months, and it was a complete failure.
LEARNING: When in doubt, read more. Acknowledge that you made a mistake, and move on. Never invest in a company because of a celebrity CEO, founder, or CFO.
“Always keep capitalizing.”Christopher Panagiotu
Guest profile
Christopher Panagiotu hosts the “CAPitalize Your Finances” podcast and is the original CAPitalizer: one who is absolutely obsessed with profoundly understanding what there is to know about their passion.
Worst investment everChris bought the Ford stock, which he admits was a lackluster stock. Alan Mulally had saved Boeing and left the company for Ford. Mulally was the reason Chris invested in Ford. The celebrity CEO turned it around, so Chris hung on to the stock, but for too long. Chris was suckered into Ford’s high dividend, but he soon realized that the company couldn’t afford to pay that dividend.
Another poor investment that Chris made was investing in GameStop. He was a gamer growing up, and in the 2000s, Gamestop was it. GameStop hooked Chris with the same thing that Ford did. Their dividend was huge, but they couldn’t afford it.
Aside from stocks, Chris’s worst investment ever includes a business that he started to steal customers from his father, whom he despised. The company lasted only seven months, and it was a complete failure.
Lessons learnedSurround yourself with amazing people and level up with the people in your life.
Christopher’s recommendationsIf you want free content, head to Spotify and subscribe to CAPitalize Your Finances. Chris publishes new interviews with celebrities from all walks of life every Monday. They talk about capitalizing on your finances if you pursue that career. He also gives up-to-date, top-of-the-line research.
You can also buy Chris’s book on Amazon to learn more from him. If you want to follow Chris on social media, head to Instagram, LinkedIn, or Twitter.
Lastly, stay tuned because, on December 1, Chris will launch Capitalize Your Finances, his first-ever masterclass where he’ll share modules, tools, and tricks. He’ll also show you what he does for clients daily and how you can capitalize on your finances to the fullest of your abilities.
No.1 goal for the next 12 monthsChristopher’s number one goal for the next 12 months is to be the best dad and husband. Professionally, to launch his online course and set the stage so that he can be the Benjamin Graham equivalent on the planning side for future generations.
Parting words“Thank you so much for having me on and for your listeners tuning in. Thank you for listening to me rant, and as always, keep capitalizing.”Christopher Panagiotu
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Connect with Christopher Panagiotu
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Julian Klymochko – Arbitrage Trades Don’t Always Turn Out to Be Risk-free
David Hay – The Importance of Range Expansion
Rex Salisbury – Quitting Can Be a Very Important Skill to Exercise
ISMS 23: Larry Swedroe – Do You Allow Yourself to Be Influenced by Your Ego and Herd Mentality?
Harvey Sawikin – Do Your Own Homework
Paul Krake – Surround Yourself With Experienced People
Noel Smith – Always Have Risk Measurements in Place
ISMS 22: Toyota vs. EV Extremists – Who Is Right?
Guillermo Cornejo – Don’t Underestimate the Value of Experience
Eugene Ng – Keep Playing the Long-Term Game of Investing
ISMS 21: CPI Collapsing Across the Globe
Nick Maggiulli – Don’t Buy Individual Stocks
ISMS 20: Larry Swedroe – Do You Extrapolate From Small Samples and Trust Your Intuition?
Larry Shumbres – Invest in What You Know and Is Regulated
Jesse Felder – Don’t Rationalize a Lousy Trade
ISMS 19: 5% March 2023 CPI Could Fall to 4% By Year-End; If Oil Doesn’t Fly
Sachi Wickramage – Target the Customer With the Problem at Scale
ISMS 18: Dave Collum – What Makes Your Investments Good or Bad
Vincent Deluard – Know the Difference Between a Trade and an Investment
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