His “worst stock” isn’t the one that lost the most, and other insights.

In this podcast, Motley Fool senior analyst Matt Argersinger discusses: The rise and sudden fall of Wang Laboratories.

Why his search for “the next Warren Buffett” ended badly.

Amazon and Home Depot sharing discipline as a common business trait.

How he overcame the challenge of adding to his winners.

To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center . To get started investing, check out our quick-start guide to investing in stocks . A full transcript follows the video.

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Chapters Chapters Descriptions descriptions off, selected Captions captions settings, opens captions settings dialog captions off, selected Audio TrackFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteTransparencyOpaqueBackgroundColorBlackTransparencyOpaqueWindowColorBlackTransparencyTransparentFont Size100%Text Edge StyleNoneFont FamilyProportional Sans-SerifReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Should you invest $1,000 in Amazon.com, Inc. right now? Before you consider Amazon.com, Inc., you’ll want to hear this.Our award-winning analyst team just revealed what they believe are the 10 best stocks for investors to buy right now… and Amazon.com, Inc. wasn’t one of them.The online investing service they’ve run for two decades, Motley Fool Stock Advisor , has beaten the stock market by 3X.* And right now, they think there are 10 stocks that are better buys. *Stock Advisor returns as of August 17, 2022 This video was recorded on Aug. 23, 2022. Chris Hill: How would an investor react if the company they bought shares of went bankrupt? Let’s find out. Motley Fool money starts now.I’m Chris Hill and just like yesterday’s episode with Jason Moser, today, we’ve got the investing origin story with Motley Fool Senior Analyst Matt Argersinger. Yes, the first stock he ever bought shares of was a company that went bankrupt just three years later. We’ll get to that in a minute. But I started the conversation by asking him, who was the first person to really start him on his investing journey. Matt Argersinger: My dad was a little bit of an investor. He was in the army. But I remember we get the Wall Street Journal at home and I can’t remember when, but I remember at some point I was probably seven or eight years old. You flip through the Wall Street Journal back in the day when they had pages and pages of stock tickers. You just like what is going on here, why the number is moving around every day plus, minus fractional, it was all fractional back then. I think I just got kind of intrigued by the idea that you could invest in these numbers. But they are companies, these symbols, right? The next day you could have more money. I think that was fascinating to me. As early as I remember, I had a paper route as a lot of kids did back in late ’80s, when I was eight or nine years old. I could save a little bit of money. If it wasn’t video games or something like that, I was trying to think, can I save enough money to buy one of these stocks that my dad was talking about. I can’t remember when the light went off, but that was my earliest memory of being interested in investing. Chris Hill: I remember thinking it was like a code, looking at stock charts, not even charts but just as you said, the pages and pages of the shortened names of the companies and thinking like, oh, it’s a secret code for names of actual businesses, right? Matt Argersinger: Right. Then you know there was magical when you could go to the mall or something and you’d say, oh, here’s the Gap. Just to name a company that was popular in the ’80s or ’90s, or a Walmart or something like that. You realize, wait, that’s one of the symbol, so you could actually buy a piece of this company that I know that I can see and touch. That was also just the wow moment. Yeah. Chris Hill: What was the first stock you bought? Matt Argersinger: It’s a funny story. You finally saved enough money. I had a paper route, I was […]

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