Active Investing: Lessons Learned
13,212
Published 2021-10-15
The one constant in life is change, even for great investors. Earlier this year The Motley Fool Co-Founder, David Gardner announced that he was changing his focus. As he told fellow "Fools" as the global online investing community members jokingly refer to themselves:
"....where you place your focus in life matters, and now I am choosing to shift my focus from the stock market and invest time in other endeavors. After nearly 30 years focused on publicly picking stocks, this wasn't a decision I took lightly."
It wasn't a decision The Motley Fool team, members, followers, and at least one member of the financial press, namely me, took lightly either, which is why I wanted to talk to David.
The good news is Gardner is not totally leaving the fold. He is Chairman of The Motley Fool Foundation, devoted to bringing "financial freedom to all."
He remains Co-Chairman of The Motley Fool with fellow Fool Co-Founder and younger brother Tom, a very successful investor in his own right, who has also been managing and growing the business as CEO.
David Gardner will continue as Chief Rule Breaker "for life" he expects, and he will continue his weekly podcast, "Rule Breaker Investing," in which every ten weeks he recommends what he calls a 5-stock sampler theme, culled from The Motley Fool's Stock Advisor and Rule Breakers picks.
I asked Gardner to take us through his Rule Breakers rules. What are the lessons he's learned from three decades of active investing?
00:00 Hello
00:43 Introduction
02:32 Interview with David Gardner
23:15 One Investment
21:42 Action Point
WEALTHTRACK #1816 broadcast on October 15, 2021
More Info: wealthtrack.com/3-decades-of-investment-lessons-le…
All Comments (21)
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Still trying that Foolish Four Dogs of the Dow strategy you recommend on the 1990s. It hasn't worked yet.
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Passive investing
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Great interview. I love your show. Been watching since PBS.
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Another wonderful interview! Thanks 👍
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Docu sign now down 80%. Good job Gardner.
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Category leader is a good philosophy.
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Fantastic interview!
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All great in theory, but at the end of the day I hate Motley Fool click-bait and won't fall victim to it anymore. Any article by Motley Fool on Yahoo Finance immediately skipped over. And of course we need to see what happens during market downturn which hasn't occured in 13 years except for short lived freak March 2020.
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Great interview and I love the show but a lot of obvious edits here while David was in the middle of speaking. Would much prefer you just let the show run longer and include everything your guests have to say.
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One word to raise your awareness: Archegos.
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Watch out the firms who spent a lot on marketing, whose money they are spending! And fees!
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who are the companies that are taking us to new places?
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Recently I saw Maxwell spent huge amount advertising on Shark Tank commercial with actress Melissa Joan Hart. Wow! Maxwell spent huge amount advertising, competing coffee again. They were winner back then before Starbucks (old timers know better)
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Mission to live on Mars (with Earth's supply?!) Why don't you fix Earth's problem first? Instead attracts billionaires to space tour? Exploration when homeland in decay, that was how Ming dynasty ended!!! (After exploration 1462 etc. Onward)
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I will be very careful with fool. The name says all.
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How's that Docusign pick working? Lol. These guys fleeced investors in the 1990s and still doing it. Bombard you with ads and use Warren Buffett quotes and likenesses often. They are the middlemen croupiers Jack Bogle warned us about.
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Even my diversified instrument (US market) investment I put in myself 2017, gain 91%, Why do you need fool and fees!?
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i thought he was younger of the brothers
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I want him to show his worse pick. Every body says they had predicted Amazon, Apple. Lol. He can't even predict which sports team going to win.
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Your diversification should be much more than 20 company. You should stay in the market for sure.
