One of the earliest individual stock purchases on my fight towards FIRE was Kinepolis (EBR: KIN). It’s one of many satellites in the core-satellite strategy I have built over the years, and after all the hype AMC received this year, I wrote this post to clarify why I held on to them for so long and will remain to do so.
Would you consider those that invest in stocks to be out of their mind?
Investors provide companies with important funding, but don’t get any guaranty in return. There is no guaranty on profit, and if things go south, investors can lose all of their cash. This is the primary reason stocks are considered risk capital.
