My Worst Investment Ever Podcast

Christopher Panagiotu – Go With Your Gut, but Verify


Listen Later

BIO: Christopher Panagiotu hosts the “CAPitalize Your Finances” podcast and is the original CAPitalizer: one who is obsessed with understanding what there is to know about their passion.

STORY: Chris was suckered into buying Ford and GameStop shares by the high dividends the companies were offering. However, both companies couldn’t afford to pay those dividends. Chris also started a business to steal customers from his father, whom he despised. The business lasted only seven months, and it was a complete failure.

LEARNING: When in doubt, read more. Acknowledge that you made a mistake, and move on. Never invest in a company because of a celebrity CEO, founder, or CFO.

 

“Always keep capitalizing.”Christopher Panagiotu

 

Guest profile

Christopher Panagiotu hosts the “CAPitalize Your Finances” podcast and is the original CAPitalizer: one who is absolutely obsessed with profoundly understanding what there is to know about their passion.

Worst investment ever

Chris bought the Ford stock, which he admits was a lackluster stock. Alan Mulally had saved Boeing and left the company for Ford. Mulally was the reason Chris invested in Ford. The celebrity CEO turned it around, so Chris hung on to the stock, but for too long. Chris was suckered into Ford’s high dividend, but he soon realized that the company couldn’t afford to pay that dividend.

Another poor investment that Chris made was investing in GameStop. He was a gamer growing up, and in the 2000s, Gamestop was it. GameStop hooked Chris with the same thing that Ford did. Their dividend was huge, but they couldn’t afford it.

Aside from stocks, Chris’s worst investment ever includes a business that he started to steal customers from his father, whom he despised. The company lasted only seven months, and it was a complete failure.

Lessons learned
  • When in doubt, read more.
  • Go with your gut, but verify.
  • Humble yourself, acknowledge that you made a mistake, and move on.
  • Never invest in a company because of a celebrity CEO, founder, or CFO.
  • Don’t try to steal business out of spite.

Andrew’s takeaways
  • Trees don’t grow to the sky, so there are very few stocks that you can hold forever.
  • If you’re not getting trust from your business or personal relationships, walk away and get it elsewhere.

Actionable advice

Surround yourself with amazing people and level up with the people in your life.

Christopher’s recommendations

If you want free content, head to Spotify and subscribe to CAPitalize Your Finances. Chris publishes new interviews with celebrities from all walks of life every Monday. They talk about capitalizing on your finances if you pursue that career. He also gives up-to-date, top-of-the-line research.

You can also buy Chris’s book on Amazon to learn more from him. If you want to follow Chris on social media, head to Instagram, LinkedIn, or Twitter.

Lastly, stay tuned because, on December 1, Chris will launch Capitalize Your Finances, his first-ever masterclass where he’ll share modules, tools, and tricks. He’ll also show you what he does for clients daily and how you can capitalize on your finances to the fullest of your abilities.

No.1 goal for the next 12 months

Christopher’s number one goal for the next 12 months is to be the best dad and husband. Professionally, to launch his online course and set the stage so that he can be the Benjamin Graham equivalent on the planning side for future generations.

Parting words

 

“Thank you so much for having me on and for your listeners tuning in. Thank you for listening to me rant, and as always, keep capitalizing.”Christopher Panagiotu

 

[spp-transcript]

 

Connect with Christopher Panagiotu
  • LinkedIn
  • Twitter
  • Instagram
  • YouTube
  • Website 
  • Podcast
  • Book

Andrew’s books
  • How to Start Building Your Wealth Investing in the Stock Market
  • My Worst Investment Ever
  • 9 Valuation Mistakes and How to Avoid Them
  • Transform Your Business with Dr.Deming’s 14 Points

Andrew’s online programs
  • Valuation Master Class
  • The Become a Better Investor Community
  • How to Start Building Your Wealth Investing in the Stock Market
  • Finance Made Ridiculously Simple
  • FVMR Investing: Quantamental Investing Across the World
  • Become a Great Presenter and Increase Your Influence
  • Transform Your Business with Dr. Deming’s 14 Points
  • Achieve Your Goals

Connect with Andrew Stotz:
  • astotz.com
  • LinkedIn
  • Facebook
  • Instagram
  • Threads
  • Twitter
  • YouTube
  • My Worst Investment Ever Podcast

...more
View all episodesView all episodes
Download on the App Store

My Worst Investment Ever PodcastBy Andrew Stotz

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

62 ratings


More shows like My Worst Investment Ever Podcast

View all
Money Tree Investing by Money Tree Investing Podcast

Money Tree Investing

662 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

937 Listeners

Grant's Current Yield Podcast by Grant's Interest Rate Observer

Grant's Current Yield Podcast

655 Listeners

The Investing for Beginners Podcast - Your Path to Financial Freedom by By Andrew Sather and Dave Ahern | Stock Market Guide to Buying Stocks like

The Investing for Beginners Podcast - Your Path to Financial Freedom

1,416 Listeners

The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

The Rational Reminder Podcast

458 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

609 Listeners

Investing With IBD by Investor's Business Daily

Investing With IBD

378 Listeners

The Long View by Morningstar

The Long View

905 Listeners

Excess Returns by Excess Returns

Excess Returns

81 Listeners

Risk Parity Radio by Frank Vasquez

Risk Parity Radio

269 Listeners

Ask The Compound by The Compound

Ask The Compound

314 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

377 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

150 Listeners

The Morgan Housel Podcast by Morgan Housel

The Morgan Housel Podcast

1,040 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

47 Listeners