The Iron Rule of Investing You Must Know
Sometimes the worst thing you could do in assessing a holding is to pay too much attention to whether you're up or down on it. In other words, what you paid for a stock at one time does not affect its current intrinsic value. In this episode of "The Morning Show" on Motley Fool Live, recorded on Dec. 21, Motley Fool analysts John Rotonti and Sanmeet Deo discuss how "anchoring" on your past purchase price can hold you back from making the best of the investment in the here and now.
Source Fool.com
