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Heavy Moat Investments's avatar
Heavy Moat Investments
$25.6MFollowers
@stonkmetalMarch 18
My worst investment: Teladoc Health $TDOC
Today I'll talk a little about my worst loser to date, which is Teladoc Health $TDOC. In 2020 I got drawn into the company while sitting in the waiting room of my doctor for an hour just to get a 30 second exam that could've been done via Telehealth. I got really drawn into the bubble and ended up at one point making $TDOC 17% of my portfolio by continuous dip buying. I ended up selling it at a 75% and since then the stock has fallen another 29%. Luckily this was in my experimentation phase where I did not commit too much cash into the portfolio, so the loss wasn't too big in $ terms, within the four digits. In hindsight I learned a lot from the mistake and here is the summary of my learnings:
  1. Try to get first-hand experience if you invest in consumer-facing products.
  2. Dilution is a real cost and can't be ignored under any circumstance!
  3. Invest alongside Owner-operators with skin in the game.
  4. Management integrity is vital as well as them holding their promises.

If you want to read my full article on my mistakes, check it out here: https://seekingalpha.com/article/4521285-teladoc-why-i-was-wrong-about-this-stock
Seeking Alpha
Teladoc: Why I Was Wrong About This Stock (NYSE:TDOC)
Teladoc is down 90% from its ATH and I sold my position at a 75% loss. Read more to find out why I was wrong about TDOC stock and what went wrong.
Teladoc: Why I Was Wrong About This Stock (NYSE:TDOC)

Heavy Moat Investments's avatar
Heavy Moat Investments
$25.6MFollowers
@stonkmetal
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