You know you’ve been around markets for a long time when you start to hear your own catchphrases quoted back at you. And Phil King, the co-founder and chief investment officer of Regal Partners, who announced his retirement on Monday after 40 years as an investor, and 20 years at Regal, says it’s happening more and more.“If in doubt, ship it out,” is a classic. “It’s better to short something going down than short something going up,” is another. Then there’s perhaps the most important one: “The day you stop learning is the day you stop being a good investor.”Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles