Dumping losers to buy Tesla or Palantir seems like a no-brainer. It isn’t.

Dumping losers to buy Tesla or Palantir seems like a no-brainer. It isn’t.

The New York Stock Exchange welcomes Dewalt, on May 14, 2024, in celebration of its 100th anniversary. To honor the occasion, the CEO of parent company Stanley Black & Decker rings the opening bell.

NYSE

The days always start the same way.

“So Jeff,” I say, “Time to buy more DuPont? What do you think of the GE Healthcare here? Any reason to buy more Stanley Black & Decker? Will Best Buy’s dividend yield support its weight while we wait for an AI personal computer worth buying?”

Discussions with Jeff Marks, director of portfolio analysis for the CNBC Investing Club, that might as well be from yesterday or the day before that. What to do with the losers? They occupy too much of your brain — and if you aren’t careful, you might as well let them pay cranial rent.

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