3 Reasons I Haven't Bought Peloton Stock

Connected-fitness business Peloton Interactive (NASDAQ: PTON) may be my favorite stock that I still don't own. It's been painful watching it deliver market-crushing gains over the past year. But it raises the question: If I'm so impressed with this company, then why isn't it in my portfolio?

I don't care who you are or how long you've been investing, we can all fall victim to bad thinking and bad decisions. That includes me. Here are three reasons I still haven't bought Peloton stock. I'm not saying they're all good reasons; in fact, only one reason is valid. But here's hoping that you (or should I say "we") can learn from my mistakes. 

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