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Only Play in a Field That You Really Understand | Chris Franzen

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Chris Franzen’s Worst Investment Ever
Chris saw an advert during the football World Cup a few years ago for a company he was unfamiliar with. He was intrigued by this unknown company that could afford to advertise in the World Cup. He did a bit of research and decided to invest in it. The stock went up for a few days but later plummeted to a point the company folded, and Chris lost his entire investment.

LEARNING: Invest in industries you’re familiar with. Do thorough research before you invest.

BIO: Chris Franzen has been a hotelier for over two decades, having worked in the US, Europe, Middle East, and Asia.

“When picking stocks, pick those in industries that you understand well.” – Chris Franzen

📚 Resources: https://myworstinvestmentever.com/ep451-chris-franzen-only-play-in-a-field-that-you-really-understand/

My Worst Investment Ever podcast
In this podcast, you will learn from expert guests such as Raoul Pal, Lou Adler, Christopher Mayer, Danielle DiMartino Booth, Ranveer Brar, Morgan Housel, David Barnett, J Money, Mark Moss, Patrice Washington, Ed Latimore, Robert Paylor, Shana Sissel, Stephen Kalayjian, Tony Fish, Bracken Darrell, and Natali Morris.
🎧 More podcast episodes: https://myworstinvestmentever.com/popular-episodes-with-guests-sharing-different-experiences/
Podcast on Apple: https://podcasts.apple.com/us/podcast/my-worst-investment-ever-podcast/id1416554991?mt=2

Courses, blog, newsletter
⭐ Valuation Master Class – https://valuationmasterclass.com/
Valuation Master Class Boot Camp: https://astotz.kartra.com/page/VMCbootcamp
💻 Online courses: https://academy.astotz.com/
*Blog: https://becomeabetterinvestor.net
*My Weekly Newsletter https://myworstinvestmentever.com/popular-episodes-with-guests-sharing-different-experiences/

📱 Let’s connect:
Instagram – https://www.instagram.com/andstotz/
LinkedIn – https://www.linkedin.com/in/andrewstotz/
Facebook – http://facebook.com/andrewstotzpage
Twitter – http://twitter.com/Andrew_Stotz

I am not a CPA, attorney, or financial advisor, and the information in this video shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit.
#risk #worstinvestment #investing

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