My Worst Investment Ever Podcast
Business:Investing
BIO: Dr. Jitipol Puksamatanan heads macro and wealth research at CGS-CIMB Securities (Thailand). He develops actionable investment ideas, independent economic analysis, and asset allocation strategies.
STORY: Jitipol learned as much as he could about a stock he was interested in. He was very confident in this stock. So much so that even when the stock price fell, and he made a loss, he doubled his investment, believing the price would go up, but it never did. Jitipol lost all his savings in this investment.
LEARNING: Investing is about knowing yourself and what you’re doing. Investing is not gambling; don’t expect overnight success.
“Investing is not a timed sport with a predetermined end time. If you’re seeking financial freedom, invest in the long-term and let time be your friend.”Jitipol Puksamatanan
Guest profile
Dr. Jitipol Puksamatanan heads macro and wealth research at CGS-CIMB Securities (Thailand). He develops actionable investment ideas, independent economic analysis, and asset allocation strategies.
Over the course of two decades, Dr. Jitipol has worked with securities, banks, and asset management companies.
Worst investment everJitipol learned as much as he could about a stock he was interested in. He knew the company’s CEO and the management team; he knew what they were doing and how they did business. Jitipol was very confident in this stock. So much so that even when the stock price fell, and he made a loss, he doubled his investment, believing the price would go up, but it never did. Jitipol lost all his savings in this investment.
Lessons learnedInvesting is not a timed sport with a predetermined end time. If you’re seeking financial freedom, invest in the long term and let time be your friend.
Jitipol’s recommendationsJitipol recommends listening to investment podcasts for new ideas and to gain knowledge.
No.1 goal for the next 12 monthsJitipol’s number one goal for the next 12 months is to expand his community and build deeper relationships.
Parting words“Good luck, happy investing, and remember to make friends.”Jitipol Puksmatanan
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Connect with Jitipol Puksamatanan
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Paul Merriman – What You Do When You Are Young, Is Golden
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Gino Barbaro – Buy Right, Finance Right and Manage Right
Robin Wigglesworth – You Can’t Outsmart the Markets
Sheryl Garratt – Shove Your Ideas Out There and See What Happens
Kim Ades – Slow It Down
Nick Hutchison – Have a Proof of Concept Before You Dive Into the Big Idea
ISMS 30: Larry Swedroe – Do You Believe Your Fortune Is in the Stars or Rely on Misleading Information?
Laurie Barkman – Quit Often Quit Fast
Mark Venables – Do Your Best to Secure Your Crypto
Tania Reif – You Can Be Right and Lose Money
Mark Neuman – Constrained Capital and ESG Orphans
Ryan Dusick – Invest Yourself in Something That’s Meaningful
Thomas Chua – Have a Proper Sell Thesis When Investing
Kat Merchant – Do It Today
Laurent Lequeu – Sizing Is Crucial When Trading
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