Learn From My 15 HUGE INVESTING MISTAKES!!! (free lunch for you)

Investing mistakes are an essential part of investing, but it isn't until you sit down, go through them, that you realise what an idiot you are. So, here are 15 of my most idiotic investment mistakes!!! Enjoy, I hope my mistakes avoid you from making the same investing mistakes as I did.
Videos mentioned mistakes:
Amira Nature Foods (fraud):
• CRAZY STOCK MARKET - A...
• AMIRA NATURE FOODS EAR...
• ANFI STOCK REPORT ANAL...
Nevsun - • Nevsun is a bargan wit...
Thank You Nevsun - • THANK YOU NEVSUN RESOU...
Qudian - • Chinese Stock To Buy -...
Solar - • 38 SOLAR STOCKS AND SO...
FB a buy again • Facebook Stock Valuati...
KZbin Portfolio • KZbin $1,000,000 Por...
10 stocks to buy - • 10 Stocks To Buy Analy...
3 stocks to buy - • 3 Stocks To Buy - SBUX...
GSH - • Chinese Value Stock to...
Intel - • Intel Is A Stock To Bu...
Alibaba BUY - • Alibaba Stock Is A Buy...
Alibaba $100 - • Alibaba Stock Price Fo...
Baidu - • Baidu Stock Is A Buy N... \
Overview of what I do (Research Platform, Performance, Portfolios, Strategy)
• Stock Market Research ...
What is this channel all about? Value Investing:
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My 5 Core Stock Market Investing Beliefs
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KZbin Portfolio Playlist • KZbin $1,000,000 Por...
My passion is to look for low risk high reward investment opportunities with a long-term business owning like focus. I apply my accounting skills and investing experience in order to find the best businesses to own that offer the possibility to lead me towards my financial goals.
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Check my website to hear more about me, read my analyses and about OUR charity. (KZbin ad money is donated)
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The below links are from third parties or channel sponsors where I get a fee from:
I often get asked about brokers, here is a low fee broker, an international one that allows you to buy on global markets, and also offers complex solutions like options for when your investing skills grow. For now, it is one of the best solutions I have found for global investors, also based on your comments and inputs:
www.interactiv...
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Brokers video: • How To Select A Broker...
Always keep in mind: “Investing involves risk of loss”

[@ayurdal]

I love it when finance KZbinrs reveal their failures instead of pretending to be godly beings. It is a true manifestation of self esteem and respect to viewers. Kudos Sven for being transparent.

[@Value-Investing]

thanks!

[@jimcramer323]

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[@joelatallah3646]

I agree 100%. It's human tendency to brag about wins and diminish mistakes, even though mistakes are where we do more learning! This is a great video with valuable insight

[@caucasianafrican1435]

100%. It's what really gives an investor like Sven, and Buffett, credibility.

[@kristinakolev5679]

Interesting

[@overnightgrowth]

Every investor should strive to make a video like this. If only for him or herself. Facing your past decisions and trying to learn from them is very hard to do in this space.

[@Value-Investing]

thanks!

[@georgeconstanza6505]

Great video. Unfortunately, not too many people are able to acknowledge their mistakes in real life and learn from them and on KZbin it is even more rare! Kudos to you Sven for doing this video - you have earned a lot of respect by doing this!

[@Value-Investing]

thanks George, coming from you it is really something!

[@caucasianafrican1435]

And, allow his audience to learn.

[@xzxz85]

It takes great humbleness to recognize your mistakes and share them. Thank you Sven!

[@Value-Investing]

thanks!

[@miket2916]

@Aru Bucar, Sven was called out in 'private' by research platform members, as well as in public just about 1 month ago, no choice but to recognize and address it

[@timotejcernak7086]

I usually dont watch videos through my account, but after watching this, I had to sign in and say: Thanks a lot for this gem!

[@Value-Investing]

happy to hear that!

[@landi2244]

Thank you for your transparency, Sven. You are a winner in my book.

[@Value-Investing]

:-)

[@miellamborghini7003]

So much value here, really learned a lot. Thank you Sven.

[@Value-Investing]

Glad to hear it!

[@Noveshento]

This was your best video to date Sven. Congrats for the courage and candidness. I see a great future for grandpa Sven

[@Value-Investing]

I will do my best, so let's see!!!

[@bozolito108]

Man this was a trip down memory lane. It was like getting closure after a bad breakup. Lol. Good stuff sir

[@Value-Investing]

:-) Now we can go on after the closure :-)))

[@tsonez]

Great video. So much to learn here. Great Buffett clip. “Swing you bum!” Thank you!

[@Value-Investing]

:-)))

[@fingerprint1991]

Probably the best video I have ever seen. If you are not planning to include this in your next book you should definitely consider since it's a pure gold mine.. Taking a step backwards and comparing your mistakes against with my little journey I could clearly see similar mistakes in my investing behavior. So thank you!

[@Value-Investing]

thanks, will add or make a list or something!

[@proracingproracing6931]

Thank you Sven, well done, appreciate your honesty!

[@Value-Investing]

thanks!

[@thomashelveg7563]

I think this is your best educational video ever. I find patience as the most difficult skill. It is also very difficult not to copy people you are mesmerized of, for example I blindly followed Ray Dalio, as many people blindly follow and copy Munger or Pabrai choices without having an own real convinction or knowledge in that choice.

[@Value-Investing]

you always think they know more than you as they are professionals with all the info - but the truth is the unknown is impossible to know, also their risk tolerance!

[@susymay7831]

One of your best videos! ❤ We must learn from our mistakes, both our mistakes and the mistakes of others!

[@user-gg9bh9cz4r]

Great respect to a person who described his mistakes in such an open way, admitting unwise decisions and categorizing them. Thank you, sir, indeed, a lot to learn here.

[@Value-Investing]

thank you!

[@maxjames00077]

Amazing video! Loved all 51 minutes!

[@javierguzman5767]

Thanks for this video Sven! I've seen more than 100 hundred of yours and this is likely the best for me. Very personal, which is something to appreciate. Hope you stay that personal in the future, It will help people engaging with you.

[@Value-Investing]

Wow, thanks!

[@user-jc1yx9of9p]

One hour Sven on sunday is better than one hour of formula 1 on sunday;-) Sven, great video!

[@Value-Investing]

:-)))

[@Michael-Wil]

The lesson I learned from this video was just to buy Berkshire Hathaway. Then there's no need to watch KZbin investing channels for stock ideas, free up loads of time and avoid all the mistakes.

[@jessehamlin3420]

berkshire makes mistakes too - buffet admitted he missed a massive opportunity to load up at the beginning of covid - just buy the index thats less risky

[@Value-Investing]

Investing in BRK is great, but the returns depend on price paid!

[@Michael-Wil]

@@Value-Investing Yes, I think you got that from Warren Buffett, you showed the clip of him saying he only swings when he want to.

[@Michael-Wil]

@@jessehamlin3420 That works great if you’re in your 20-30 and have decades to compound, I wish I was in that position.

[@slimjimjimslim5923]

Thanks Sven. It takes a lot of pain and courage to analyze one’s past mistake. : )

[@Value-Investing]

thanks!

[@slimjimjimslim5923]

@@Value-Investing at least sven wasn't pressured into investing in NFTs. 😁

[@unktzor]

The value in this one is insane!

[@Value-Investing]

thanks!

[@alvarodehais1784]

Thanks for the video and the free lunch! As Monish Pabrai said: don't water the weeds and cut the flowers!

[@Value-Investing]

Peter Lynch said that:-)

[@russellditchfield-agboh838]

Great content Sven! Would you please analyze ASOS? There appears to be very deep value here. It’s a favorite of Nick Sleep’s.

[@Value-Investing]

It depends on whether they can return to growth and scale - who knows - maybe Nick can also be wrong - time will tell!

[@Poco2099]

Stocks I watch never go as low as I think they should, so if I avoid buying too early, I invariably buy too late or not at all.

[@Value-Investing]

:-)

[@pacocalabasa6605]

Your new approach is taking shape and there is a kind of consistency to it that is reassuring as a research platform subscriber. You have spoken often about having a very concentrated portfolio of your three or five best ideas. If you do that you absolutely have to accept the least possible amount of risk. Otherwise a short run of bad luck (anything can happen to one company) could leave you with a permanent loss of capital. That's recoverable if you have $10k and add $1k/month. Not if you were a few years from retirement and now have to work until you die. I would love to see on the Research Platform (NOT on YT) an analysis of all of your current holdings/recommendations, that only speaks about their worst-case downside risks. We already know about the potential upside in each business. It's true that each business analysis also discusses the risks, but it would be fascinating to see them all together. How much is the exposure across the whole portfolio to one event, and how much is isolated operational-type risk in each business.

[@Value-Investing]

that is a great idea!!! Klarman also says the risk analysis has to be separated from the reward analysis!

[@DiogoSilva-ii9ws]

This might be the best financial education video ever! Really appreciate the honesty. Thank you very much!

[@Value-Investing]

Glad you think so!

[@Theo_Sot_9360]

Without skin in the game y never can become an investor, especially a value one. Congrats Sven😎

[@Value-Investing]

that is how it is, but it also depends how much skin!

[@sanc9808]

This needs more views.

[@Value-Investing]

:-)

[@larrygerry985]

Thanks for sharing. Failure is a great learning point.

[@Value-Investing]

Thanks!

[@maiasalyamani]

Huge thanks. The value of this video is unbelievable.

[@Value-Investing]

happy to hear that!

[@vig6912]

I remember, 1-2 years ago you talked about Gazprom´s Nord Stream 2 how risky it is...., I proudly commented that Germany needs Russian gaz, its just FUD bla bla..... Now who has money frozen in Gazprom?😂😂😂 I HAVE!

[@Value-Investing]

I knew the risk, watched it carefully fortunately - but I could have done great by also avoiding it all-together :-(

[@MagicNash89]

Sven exited at the right, almost final time when the tanks were at the border. He took profits before though, which was a wise decision. His thesis though that its just FUD abour Russia, Western fear, Wall Street investors runnign away with the first sign of danger etc, was wrong, even thought he made money, which is always good, which is the goal. Unfortunately, now the same arguments make China also a similarly geopolitically very risky country to invest in.

[@louisking11]

Probably one of the most useful videos you could find on the net. Mistakes help investors to improve their method and process.

[@Value-Investing]

thanks!

[@ufopiloot]

My biggest mistakes: 1) listening to others (option (a stock) was up 3x asked to sell (as a 18th birthday gift) but my aunt said"no, it will be worth more in a few years. Finally no profits. 2) betting 50% of my profit on Us election results and the index reactions. Lost 100% of the portfolio. (went form 5k to 20k, then 0) 3) Listening to analists (Telenet stock, high div, but value trap, down 60% and big cut in div) 4) Listening to Sven (sorry), bought a big FlowTraders position, down 50% at least) 5) Selling TotalEnergies at a loss of 20% because of ESG hype. 6) Listening to analist (via Yahooo articles), bought Ideanomics and Chargepoint (EV play), down 80% and 50% 7) Alibaba stock in a big position, down 50% at least. Sold the US listing at a loss. 8) Reddit hype, option play on Arcelormittal, never went anywhere and lost big. 9) Selling Tesla to early at 360 dollar (50% profit) before splits!!! Still holding Telenet, Flow, Ideanomics, Chargepoint and Baba (hongkong). Biggest wins: 1) Getting a loan in 2020 covid dip and buying dividend stocks (4% cost) 2) Listening to Sven and buying Russian Gas and commodity. Got out in time though. I do prefer a smaller profit for sure than being greedy) 3) Stopped AVD and actually have some cash on my bank account. 4) Using marging as a loan to buy dividend stocks on 'crashes' (4% cost) Unfortunately no money to AVD due to energy crisis in EU.

[@Value-Investing]

thanks for sharing!

[@investingsimplified2452]

I personally did many of those mistakes. No shame, it s part of the game. I respect your transparency Sven

[@Value-Investing]

thanks!

[@philippusparacelsus4136]

This is gold, thank you! I am guilty of most of these, too. Let's be less idiotic together (hopefully)!

[@Value-Investing]

Agreed!!!

[@JanBruunAndersen]

Sven, you convinced me to buy Baidu and Alibaba, but you also gave me Albemarle. I have sold Baidu, I am still hanging on to Alibaba hoping for better times, and I grin 🤑 every time I look at the gains from Albemarle.

[@Value-Investing]

that is investing, at the end it is about sizing the positions properly!

[@polishfish]

Just a nitpick on your last two lessons- Alibaba was a mistake because you didn’t wait for it to fall further, and the final was a mistake because you waited? While they’re obviously contradictory lessons, they both depend purely on price action to learn from them, and the lessons are opposing in their wisdom. Truly a small complaint from me- I appreciate you and your channel!

[@Value-Investing]

yes, but then you also have to analyze the risk and reward to decide on waiting!

[@GHIBaal]

Thank you so much ! So much value for a 24yo Investor from Germany! Learning from others mistake feels like a cheat code for life ! ;D

[@Value-Investing]

great to hear!

[@AssociateEquity]

Another great video. Thank you. Are you going to write an update to your book ‘Modern Value Investing’? Why don’t you have it on the bookshelf? May I suggest: 1. Include references to your book when making important points about investing such as the meaning of risk and the importance of the value/price relationship. 2. The red ‘pen’ doesn’t add as much as hoped for. 3. Using the dotted ‘box tool’ was ok.

[@Value-Investing]

Thanks for the suggestion!!! Will lower the red pen!

[@nufaa5313]

Great video Sven, I'm a member of your research platform. I wish my mistakes we were more like yours. Thought you still did pretty well

[@Value-Investing]

we will work to lower all of those in the future!

[@nufaa5313]

My biggest mistakes were holding Russian stocks, also heavy investments in BABA, and BIDu

[@christianlollmann9537]

Oh that's very nice, now I feel much better, cause I'm not the only one... 😊

[@Marniarno]

Thx, Sven! A lot of wisdom and value in this video. Well done :)

[@Isendir1234]

This is rich in value Dr. Carlin!! Thank you for sharing your mistakes. Hopefully, we can learn from them (or we will repeat them uh-ho!).

[@Value-Investing]

In 5 years, if my next mistakes videos lasts less than this one, I am happy :-)))

[@jurgenmeyer7602]

I bought Qudian this year when it started showing up in my net-net screener and sold for a nice 110% gain. Goes to show that anything can be a buy at the right price

[@Value-Investing]

great to hear!

[@marklalonde7996]

By far your most valuable video. I learned that you should trade where the winds are blowing. Try to find value in something that will be in high demand and has political tailwinds. For sure learned a bunch from mistakes investing in Chinese stocks!

[@Value-Investing]

thanks!!!

[@gsabic]

hi Sven, great video, very honest, we all make mistakes. You forgot to mention all the money you miss in TSLA :)

[@Value-Investing]

hahahahaha:-)) Tesla has always been too risky, so I don't consider it a mistake :-)))

[@vardanarakelyan5214]

Thank you very much for sharing such valuable knowledge, we all do mistakes, the important is to realize it quick and then review and change the strategy of entire portfolio.

[@ernhonglim]

Thank you very much Sven. Finally you made the content that I want the most. Hehe

[@Value-Investing]

:-)

[@coderslang]

Bought Amira back in the day after watching one of your videos, Sven. Still sits in my portfolio at a shining -100% loss

[@Value-Investing]

sorry to hear that, I made a video about selling it, you must have missed it :-(

[@coderslang]

@@Value-Investing I heard that the 2 main mistakes that investors make are panic buying and panic selling. I decided to eliminate at least one :)

[@augustus331]

Hoop dat je een mooie zomer hebt gehad Sven! Working on my thesis now so only scanning this 50-min video, I'll do a deeper dive later!

[@Value-Investing]

success met jou afmak... thesis!

[@jakelo1045]

This video is packed with information. I will have to watch it a few times to fully digest. This may be your magnum opus!

[@Value-Investing]

thanks, enjoy it!

[@ricardodangelo4639]

Thanks for sharing Sven. Regards from Argentina and excuse my country for your loses 🙏😄

[@Value-Investing]

not your fault, my risk taking!

[@TheBuckonator]

This might be my favourite ever video, thanks so much for all the great lessons! I also made the same mistake on intel which i kick myself for because I knew that semi's were at the top of the cycle put I was reassured by hearing Pat Gelisinger on the conference call saying effectively this time is different and blah blah blah against my better judgement so I am definitely a big idiot too

[@Value-Investing]

thanks! We are all idiots, let's work on being less in the future!

[@giuseppeo77]

At 0:40 "Please support the channel so I can put some food on the table" You previously said that all youtube revenue was going to charity! What happened to that Sven? 🤔 I still hit the like button.

[@Value-Investing]

that was a joke!

[@Value-Investing]

I mean, the food on the table :-))

[@giuseppeo77]

@@Value-Investing Nothing wrong with keeping the money from youtube, it's all about walking the talk...😉

[@roarslot]

Great value at a fair price!

[@Value-Investing]

:-)))

[@Spura83]

Buying too early, knowing it might go lower: the problem with this point is that you know it MIGHT go lower. In some industries it's common for stocks to move in a range in a cycle, so in those you can be confident it's going to be cheap again. But for many great companies it just might not happen. For instance something like Microsoft, if you look at the chart, at most points in its history if you wanted to wait for it to get cheaper by 20% you'd eventually get that dip, but before you got to it you'd miss more than 20% gain.

[@ims7865]

Maybe you should look more at Terry's philosophy: the best companies out there keep on giving. You had a lot of mistakes on unknown companies.... but you didn't take advantage of the best companies in the world when they dropped: meta, netflix, Adobe, Amazon, Google, EL, Tencent, BN, and so on. My Rule is to have one good buy every year, that is it. One , max 2 ideas a year... This will make me focus on the best opportunity out there

[@mikerolla5601]

I can appreciate you being humble and showing what you thought were doing wrong. For some reason the first video I watched of yours I felt you were an honest human. I had been watching Buffet and Munger but they never really gave out their secrets so I read the books they read. I learned a lot from you, you cleared up many questions I had, so, Thank You. I will continue to be a sub and appreciate what information you send our way.

[@Value-Investing]

Thanks!

[@mikerolla5601]

@@Value-Investing You're welcome

[@joezawinulreviewsandreacti2509]

about the geopolitical mistakes. I think crisis investing is still smart but it needs to be bought after the huge crash. Just because you bought before the crash in Argentina doesn't mean it isn't a buy now

[@Value-Investing]

:-))

[@patrickshanghai2064]

very interesting video. will watch it a couple more times. always hard to learn the right lessons from mistakes. i followed you on several of those stocks. got better returns than my own pics, haha. glad i exited the Russian stocks before the war. thx for the hard work.

[@Value-Investing]

Thanks!

[@tomislavhorvatseo]

Very informative stuff, Sven! Thanks!

[@Value-Investing]

Thanks!

[@finfabable]

I followed you because you were one of the few true long term investment. Hard to see that you ve sold lot of your position after few weeks. However thank you Sven for this video, lot to learn

[@Value-Investing]

thanks! Video coming today discussing it all - I hope you will see my actions are absolutely long-term and what I did before was shorter term unfortunately - that also led to these mistakes!

[@RedVSBlueIsCewl]

Thanks for honest talk - videos like these make it easy to spot you as one of the few knowledgeable people on here out of all the idiots who talk about some shitty stocks they think are a buy. Maybe videos like these don‘t resonate well with the YT algorithm, but real recognise real. I‘m convinced it helps you grow a more lasting, loyal viewerbase. I started with ETFs because I am lazy, but the new economic environment made me realize I need to pick and research winning stocks. So even though I won‘t earn a share in your business I invest the power of my like and sub to increase the value and hopefully the earned knowledge will pay dividend in the future.

[@RedVSBlueIsCewl]

Also thinking about tattooing „I‘m an idiot but hopefully a lesser idiot“ on my forehead. What a great motto for life

[@satoshinakamoto4679]

Hi Sven , I have huge respect to you after you sell your FB at 294$ and felt the heat. This was brilliant move although FB did 380$ later on but look where are they now. Congrats man👏👏👏

[@Value-Investing]

:-))).

[@faridrottigni]

You are the best professor ever!

[@levelupwithsam]

This was an incredibly valuable video. I love these lessons of what not to do!

[@Value-Investing]

Thanks!

[@herokorai8346]

Best video that I've watched Sven! Best lessons are through mistakes :)

[@Value-Investing]

Thanks! 😃

[@ButcherTTV]

Make a video about bad investments that went well. A critical look back at your profitable investments that did have some red flags and how you did mental gymnastics to overcome them

[@Value-Investing]

hm, you know, every investment is a risk and reward situation - bad investments are usually when I take the risk, that can then also go well, but there is risk, which is not value investing!

[@Amwatson801]

One of my favorite quotes: "We shall not cease from exploration, and the end of all our exploring will be to arrive where we started and know the place for the first time." T. S. Eliot Great video.

[@Value-Investing]

Well said!

[@KurtKnispel3200]

It is easy to say to do value investing but it is very hard to actually do it. I have seen people on youtube trying to outperform the S&P, researchimg a lot but failing hard. And what is true, there are not that many great ideas for a single person doing occational research. I found two or three great buys last year and should have simply stayed with them, instead of diversifying into nonsense, because somebody said it is a good idea. Eather you buy an ETF or you do not diversify. Nobody would buy 20 fractions of different houses because buying one is too risky. You buy one house, which you think is the best buy in the market and then you live in it.

[@Value-Investing]

two or three great buys last year might also be too much!

[@ezequielchavez6128]

Thanks, Sven, there is a lot of value in this video, watching great investors speaking about their mistakes is one of the greatest ways to learn in my opinion, and can prevent you o making them. Is often difficult to realize beforehand some mistakes, for example, you could think you are buying too fast and not being patient but being actually "missing quality for a penny", have you found any way to spot and realize which situation you are dealing with?

[@Value-Investing]

at the end it is about making bets or focusing on value :-) that is the difference - when you know it can go lower because of risk, and when you know it is value no matter what!

[@77magicbus]

Great video. This is how we learn. And learn from these common mistakes . Many of your mistakes were because of a lack of patience. Buffett says the stock market is a machine that transfers wealth from the patient to the impatient. Sven , you are too hard on yourself here. You will do fine going forward. Warren says if you had only 20 stock trades in a lifetime you would do much better. Be extremely careful before investing. Also I believe that most all investors should make a portfolio of Index funds the core of the portfolio and reinvest all dividends and cap gains. Build alpha around that with individual stocks using extreme care. Thanks

[@Value-Investing]

I would be still a poor kid with index funds, so there is a lot to discuss and analyze the to find the best for yourself!

[@GNBcorporal]

Interesting topic. Meany investors prefer talking about their wins and not their loses. But i think you can learn a lot from mistakes

[@Value-Investing]

wins create sales, loses, not so much!

[@ameeetbareek9098]

what a classic video. Honest and very helpful. Thank you for sharing. Sharing my summary and notes for others: Summary: - apply common sense when buying business - is business providing true value to its customers right now? if not, thats speculation. - stick to low risk/high reward. avoid high risk. identify high risk as low probability in future, geopolitical risk, IPO, value trap, scammers, cyclic businesses - Value investing is about patience - wait and wait to bet big - Stay within your circle, apply first principle - The best investments are buying quality businesses heavily concentrated patiently waiting for the right price Details: - Peter Lynch - Its okay to do mistakes, keep looking for the top stocks, even if 6-7 out of 10 perform as expected, you are a winner. - FRAUD: If something smells fishy, avoid it. Look for short seller report, balance sheet. Stay away from bad business model - SELLING TOO EARLY: Stay anchored if you believe in your analysis. Adjust the thesis if necessary when stock booms, might be even better value (for self, I remember selling Tesla because everyone around me was telling me to sell) - HIGH RISK: - Stay away from High risk - e.g. IPO, few qtrs of growth doesn’t mean shit. People look at 10 year history and only them invest. There are many businesses in the world, focus on the best ones if you can find same high return with low risk - Geopolitical risk - China, Argentina, etc. Avoid them if possible - Identify the size of the risk 1st - If its too high, or the probability is high or even ≥ 30% then, avoid it. - Stay away from Shady management - especially if they have track record. - Avoid Value Trap - How to tell if a value or cheap stock is a trap? - If its unclear what true business value it will give to its customer. (apply common sense) - Avoid cyclic business - especially do not buy cyclic business in their peak or high side. - **INVEST HEAVY IN YOUR CURRENT PORTFOLIO**: Buy more of good that you already own that keeping the size small (e.g. I bought Apple, but only few shares, I should be buying more) - GROWTH WILL STOP EVENTUALLY - Growth stocks end up becoming Value stock - **INVEST IN YOUR CIRCLE OF COMPETENCE** - THAT YOU UNDERSTAND - DO NOT JUST TAKE ANYONE’s WORD. People in KZbin and new channels have incentive to tell you to buy buy buy, thats how they get more views, hence don’t take anyones advice just as-is, even Warren Buffet - APPLY FIRST PRINCIPLE ALWAYS. - **BE CONCENTRATED AND FOCUSED**, NOT DILUTED - Make your investing boring - Buying too early when you know it can go lower - Patience and Discipline is value investing - **Value investing is about waiting for 1 out of 10 of your great ideas to reach absolute bargain with little downside and very high upside** - Avoid taking speculative bets or keep that to minimum (== none) - Be clear are you investing in speculation or value - If a **business is providing immediate value** (e.g. revenue, dividend), **then its not speculation**, but if there are future speculation that this business will go 100x in future, future being unknown, then reduce that risk - (e.g. BAIDU in robotaxi, Facebook in META) - **The best investments are buying quality businesses heavily concentrated patiently waiting for the right price**. Focus on great business at fair price, not fair business at great price

[@Value-Investing]

good summary!

[@levimachado]

great video sven. Followed you years ago, but now will be back seeing what you are up to. Would love your educational content.

[@siggiAg86]

Ok this is one of your best videos imo

[@Value-Investing]

:-)

[@hvidtsted]

I havn't seen this one yet - but sharing mistakes: Respect. I'll watch later.

[@Value-Investing]

Thanks, enjoy!!!

[@cartermathieu3772]

Sven just with the non-stop value, transparency, and honesty

[@Value-Investing]

:-)

[@aljumaili]

Great video thanks Sven! Howard Marks has a memo where he says that risk is difficult to quantify before the fact but also AFTER that fact. So you could have taken too much risk in businesses where it went good and you made money but where it could have gone bad 😊

[@Value-Investing]

risk is impossible to quantify - if it all goes well, you are a genious (think Tesla) if it all goes bad, you are forgotten and an idiot (think WeWork, Nikola etc...)

[@abrahamatta3000]

Great Video Sven. We learn more from our losses than we do from our wins. Some golden lessons here - a must watch for average investors.

[@Value-Investing]

thanks!

[@RafitoMembroza]

Wow, one of your best videos. Congrats. You should make a research video about stock-based compensation and buybacks impact in a stock. I think that few people take this into consideration

[@Value-Investing]

thanks - will do when I get a good example!

[@austinluepkes5484]

Sven doesn’t swear often so when he said “yes I invested also in that shit” I about lost it lol

[@Value-Investing]

:-)))

[@TaKa-uq6us]

Awesome honest video Sven would love to see this periodically

[@Value-Investing]

I hope not, I hope to make mistakes only to make such a video every 5 years :-)

[@christianh.riiser2807]

Excellent video - transparency on your mistakes - great !!!!

[@Value-Investing]

I appreciate that!

[@lakatosjuraj]

i love the content. and i have learned from you a lot. luckily im improving . i have a few key ground rules im holding to and they improved my results. 1) not to invest on all time highs however good the outlook is, 2) not to invest in companies i have not followed and analyzed for some time 3) not buying stock in bulk in one go 4) have some cash on hand for those rare opportunities What i need to improve on: when to take a loss and when to exit ....and much much more

[@Value-Investing]

those are good rules!

[@roopapriya7159]

#3 is what I did most of the times. Lesson learnt. Sometimes you feel like you missed the great opportunity. You will get your time if you patiently wait.

[@ap9773]

I love this kind of video. You should do more of them. It is a lot more informative to learn from anyone mistakes than focusing on just winning trades. Thank you for your excellent work.

[@Value-Investing]

I hope not to do more of them :-))))) And I hope the next one in 5 years will be shorter! I am happy with 30 minutes!

[@josebarron1422]

Nice video!! I really like how you analyze your investments and reflect on them

[@Value-Investing]

Glad you enjoyed!

[@joco8570]

Great video, Sven. Lot of great points. Maybe not a main point but very interesting that there are many more views for videos regarding '10 stocks to buy' than educational videos. Seems many people are lazy/don't want to put in the time and want to be spoon-fed fish rather than learn how to fish. (Some will counter with 'I have limited time.' May be true for some but for others, they do have time but choose to do something else with it.) it also reaffirms the idea Lynch mentioned that when companies crash, many will lack personal conviction and not know whether they truly hold a quality company or piece of crap and not act properly. Thanks for all you do!

[@Value-Investing]

that is the game here on YT:-) I have to cater to it to get exposure unfortunately:-( But I hope the educational does good too!

[@joco8570]

@@Value-Investing The education has been great. I completely understand having to gain exposure. Wishing you nothing but continued and growing success!

[@juanprodriguez2813]

One if the best videos ever. Thanks Svan.

[@Value-Investing]

Wow, thanks!

[@chrisj8764]

You gain a lot of credibility by admitting your mistakes, when you are still doing better than most of us!

[@Value-Investing]

:-))

[@jerzyfilipek4100]

Hello Sven, I have been watching you from beggining - this is best video ever. Thanks.

[@Value-Investing]

thanks!

[@christiankahnt4943]

Ich finde es toll, dass es solche Videos gibt. Es ist viel wichtiger, wenige Fehler zu machen, als zu versuchen, immer richtig zu liegen. Investieren ist in die Zukunft schauen, da kann man eh nicht immer richtig liegen.

[@Value-Investing]

danke Christian!

[@gregb2]

you lost your butt because you started investing late in the cycle, but luck is with you. the bottom is near and you can invest and make all that money back.

[@Value-Investing]

:-)

[@RemiStardust]

15:05 "Yes, I invested also in that shit" :) Nice, Sven brings some spicy language!

[@Value-Investing]

:-(((( :-)))))

[@frankieceeeee8128]

Brave. Honest. Value. Respect for making this video Sven!

[@Value-Investing]

Thanks!

[@RonPaulBot1234]

Great video with lots of value and examples!

[@Value-Investing]

Thanks!

[@elrevesyelderecho]

Thanks for this video. Taking a lot of notes.

[@Value-Investing]

a lot of notes for sure!

[@chrisok7057]

Best video so far.. will rewatch it multiple times for sure. One on biases would be great as well ^^ thanks a lot sven

[@Value-Investing]

that is a good suggestion!!!!

[@fredo119]

Sven, that's your best video ever !

[@Value-Investing]

Glad you think so!

[@JohnSmith-wg6fy]

Sven you just hit the top people from KZbin for me with this material. Very well done 👏 ✔ 👍 👌. Most of KZbin rs belive ar better then Buffett or Linch🤣🤣

[@Value-Investing]

thanks!