Part 6/9:
Brenda further posits that selling underperforming stocks might lead investors to miss out on long-term gains. Pointing to the past, she cites examples such as Amazon and Priceline, which were once underperformers but have since delivered substantial returns. If investors had sold these stocks prematurely, they would have missed out on significant wealth generation. This notion is supported by findings from David Gardner’s Stock Advisor performance, which shows that retaining companies, even during underwhelming periods, can yield better long-term returns.