In this episode, I share my worst investing mistake, which was not buying more Party City when it crashed in the spring of 2020. I owned it at the time and was holding, and I was watching Cliff Sosin, a great investor I look up to and clone, and I saw him buying it during that time, but I didn’t buy more and I missed a potential 20-bagger.
Then I talk about Ring Energy’s most recent earnings call, how they’re focused on paying down debt, and also how they gave an update on the sales process for their Delaware asset.
And then I share what I’ve learned about Alibaba and how I’m going to make it a 10% part of my portfolio.
Thanks for listening and enjoy the episode.