Episode Synopsis "Don't let FOMO — fear of missing out — take over your portfolio with Emil Voehlert"
Emil Voehlert is the commercial manager at aCommerce – a company based in Bangkok that provides e-commerce Solutions throughout Southeast Asia. Emil started his career as Web Technician and later Client coordinator for customers from Thailand at Mobillos.dk in Denmark. Later he moved to Thailand and developed his career there, working as a business development manager position at Tropical Focus and commercial effectiveness manager at Novo Nordisk. Emil has a growth mindset and strives for constant improvement through education. He entered Stamford International University in 2011 and graduated with a Bachelor degree of Business Administration. In 2018 graduated with a Master of Science (M.Sc) from Thammasat University. In this episode, Emil shares his painful stock equities investment story because of his overconfidence and improper portfolio approach. "Keep investing and keep doing it over time. You got time on your side. It is all about compounding over the years." -Emil Voehlert What do you want to hear from the My Worst Investment Ever Podcast? Tell us here! Resources: My Worst Investment Ever Book myworstinvestmentever.com Topic Covered: 00:50 - Emil Voehlert’s professional and investment background 02:42 - Emil describes his level of investing experience 03:28 - Emil describes the circumstances that led him to invest in German stock market 04:25 - Emil sharing his investment theme with his family and friends 05:47 - he and his friends experiencing a 10% gain on Deutsche Bank 06:34 - his stock’s performance compared to their entry point 07:20 - his supposedly cut loss at -40% 07:51 - Emil’s Takeaways from his investment experience 08:43 - Andrew summarizes the critical learning point from Emil’s experience 12:44 - Emil’s actionable advice to help listeners protect their investment: Do not just take it and use any words from friends at face value. Quotable Takeaways Lesson 1: Fear of missing out. Lesson 2: The level of research. It is not enough to just develop an investment theme and build confidence in your idea. Lesson 3: Zero-based thinking concept. If I did not own it today will I add it? It is one way to add clarity.