Podcast #58 - When to sell

The Telescope Investing strategy is to ‘buy & hold’ - we seek to buy good companies and hold them for the long-term - but that doesn’t mean we never sell. This week on the pod we revisit our thoughts on when it might be the right time to sell a stock. You might want to sell for a personal reason: You need to raise cash It’s become too big a position in your portfolio The company’s mission no longer aligns with your personal values You’ve found a better investment opportunity You’re no longer interested in tracking the company Or there might simply be a fundamental reason why a company is no longer right for your portfolio: Broken investment thesis or worsening financials Increasing competition or commoditisation of the product Change in the business model Fraud! Mis-management We also consider this framework for our own portfolios and do a shallow-dive on Beyond Meat (BYND), a plant-based meat producer that we’re both considering exiting, to see whether it’s time to moo’ve our money to another stock. The following companies are mentioned in this episode: BYND ----- If you enjoyed this episode, please consider subscribing at https://telescopeinvesting.com/subscribe/ Or you can contact the hosts: LukeTelescope AlbertTelescope