Terri Spath – Always Know When to Buy and When to Fold

<p><strong>BIO: </strong>Terri Spath is the founder and CIO of Zuma Wealth LLC and has earned top performance marks stewarding billions of dollars at large investment shops through the booms and busts of the past quarter-century.</p><p><strong>STORY: </strong>At the height of the Dotcom boom, Terri bought—on behalf of clients—some terrific companies because she knew how to value, assess, and analyze them. But she kept holding onto the companies when the market tanked instead of selling.</p><p><strong>LEARNING: </strong>Know when to buy and when to sell. Don’t get too attached to your favorite stocks.</p><p>&nbsp;</p><blockquote class="ql-align-center"><strong>“If you have great self-discipline, you can figure out how to make money in your sleep.”</strong></blockquote><blockquote class="ql-align-center">Terri Spath</blockquote><p>&nbsp;</p><h2>Guest profile</h2><p><a href="https://www.linkedin.com/in/terrispath/" rel="noopener noreferrer" target="_blank"><strong>Terri Spath</strong></a> is the founder and CIO of <a href="https://zumawealth.com/home" rel="noopener noreferrer" target="_blank">Zuma Wealth LLC</a> and has earned top performance marks stewarding billions of dollars at large investment shops through the booms and busts of the past quarter-century.</p><p>A renowned expert, Terri is a regular CNBC and Bloomberg TV guest and a sought-after industry speaker. She was named a “Top 10 Inspiring Women of 2022” and shortlisted by the Women in Asset Management awards. She has earned the CFA charter, the CFP® certification, an MBA from Columbia University, and an AB from the University of Michigan.</p><p>Terri started investing when her father introduced her to the concept of compound interest when she learned she could make money in her sleep.</p><h2>Worst investment ever</h2><p>When Terri came out of Columbia Business School, she got hired by a big company on the West Coast. She had already started investing, as she had learned a lot when studying for her CFA. The philosophy of Columbia Business School is very m