{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"136 - Selling Stocks for Value Investors (Part 1: Strategy Matters)","description":"Want Investing Research Directly to your Inbox? Sign-up for my Free Substack: https:\/\/diyinvestingstocks.substack.com\/subscribe? Mental Models discussed in this podcast:  Second-Order Effects Mean Reversion Factor Investing  Please review and rate the podcast If you enjoyed this podcast and found it helpful, please consider leaving me a rating and review. Your feedback helps me to improve the podcast and grow the show's audience.&amp;nbsp; Follow me on Twitter and YouTube Twitter Handle:&amp;nbsp;@TreyHenninger YouTube Channel:&amp;nbsp;DIY Investing Show Outline  Selling Series  A lot of time is spent on buying stocks. Yet, almost just as important, if not more is knowing when to sell stocks.&amp;nbsp; I find this area relatively underexplored, so I want to begin a long-term series on selling stocks from the framework of a value investor.&amp;nbsp; Previously talked about selling in a single episode on Ep. 106   Today\u2019s focus: Strategy matters  There is no one-size fits all approach How you buy stocks will influence how you sell them Your portfolio allocation strategy will matter THe number of stocks you review in a year will matter Whether you plan to own a cash position or not will matter.   Excluded from this series:  Won\u2019t be discussing momentum investing Won\u2019t be discussing trading or technical analysis investing (except as a marginal part of value investing when relevant) Entire focus assumes that you are a value investor of some sort (whether deep value, compounder, graham value, quality, etc\u2026)   Deep Value:  Buy at 2\/3rds of value and sell at \u201cfull price\u201d   Compounders:  You want to hold for a long-time.&amp;nbsp; Sell when compounding ends, plateaus or you were wrong   Net-Nets  Hold a year then reassess   Waterfall Stocks:&amp;nbsp;  Hold so long as dividend yield is sufficient to provide target return   Dividend Growth Investing:  Buy companies that pay dividends and grow them and sell them when they cut or eliminate their dividends   Buy and Hold  \u201cNever sell\u201d Works for a subset of stocks Tends to overlap well with compounders and Dividend Growth investing    ","author_name":"The DIY Investing Podcast","author_url":"https:\/\/www.diyinvesting.org","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/23699729\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/1b07f0\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/131630423"}