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My 2 Worst Performing Picks In 2024, And The Lessons Learned


Published on 2024-12-16 09:41:08 - Seeking Alpha
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  • Learn from a financial writer's mistakes when investing in high dividend-paying stocks, REITs, BDCs, and midstream sectors.

The article on Seeking Alpha discusses the author's two worst-performing stock picks of 2024, focusing on the lessons learned from these investments. The first stock, C3.ai (AI), experienced a significant drop after a disappointing earnings report, highlighting the risks of investing in high-growth, high-valuation tech companies without solid fundamentals. The author learned the importance of not chasing momentum stocks without a clear understanding of the company's financial health and growth sustainability. The second stock, Rivian Automotive (RIVN), also saw a decline due to production challenges and increased competition in the electric vehicle market. Here, the lesson was about the dangers of investing in companies with high cash burn rates and the need for a more cautious approach to speculative investments in emerging industries. The author emphasizes the value of thorough due diligence, patience, and a balanced investment strategy that considers both growth potential and risk management.

Read the Full Seeking Alpha Article at:
[ https://seekingalpha.com/article/4744418-my-2-worst-performing-picks-in-2024-and-the-lessons-learned ]