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Big Mistakes

The Best Investors and Their Worst Investments
Series: Bloomberg
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( 1,162 ratings, 94 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Big Mistakes: The Best Investors and Their Worst Investments delves into the significant errors made by renowned investors such as Warren Buffet, Bill Ackman, Chris Sacca, and Jack Bogle. It reveals how these failures shaped their successful strategies, emphasising that investing is inherently challenging and losses are inevitable. The book stresses the importance of learning from mistakes, offering valuable insights on overcoming setbacks and refining investment approaches through experience.
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Format: Hardback
$7099
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for investors at any level seeking to enhance their understanding of risk, recognise common pitfalls, and develop smarter strategies through the lessons of the investment greats.

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A Must-Read for Any Investor Looking to Maximize Their Chances of Success Big Mistakes: The Best Investors and Their Worst Investments explores the ways in which the biggest names have failed, and reveals the lessons learned that shaped more successful strategies going forward.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

A Must-Read for Any Investor Looking to Maximize Their Chances of Success

Big Mistakes: The Best Investors and Their Worst Investments explores the ways in which the biggest names have failed and reveals the lessons learned that shaped more successful strategies going forward. Investing can be a rollercoaster of highs and lows, and the investors detailed here show just how low it can go. Stories from Warren Buffet, Bill Ackman, Chris Sacca, Jack Bogle, Mark Twain, John Maynard Keynes, and many more illustrate the simple but overlooked concept that investing is really hard. Whether you're managing a few thousand dollars or a few billion, failures and losses are part of the game.

Much more than just anecdotal diversion, these stories set the basis for the book's critical focus: learning from mistakes. These investors all recovered from their missteps and moved forward, armed with a wealth of knowledge that can only come from experience. Lessons learned through failure carry a weight that no textbook can convey, and in the case of these legendary investors, informed a set of skills and strategy that propelled them to the top.

Research-heavy and grounded in realism, this book is a must-read for any investor looking to maximize their chances of success.

  • Learn the most common ways even successful investors fail
  • Learn from the mistakes of the greats to avoid losing ground
  • Anticipate challenges and obstacles, and develop an advance plan
  • Exercise caution when warranted, and only take the smart risks

While learning from your mistakes is always a valuable experience, learning from the mistakes of others gives you the benefit of wisdom without the consequences of experience. Big Mistakes: The Best Investors and Their Worst Investments provides an incomparable, invaluable resource for investors of all stripes.

Series: Bloomberg

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Book Details

INFORMATION

ISBN: 9781119366553

Publisher: Bloomberg Press

Format: Hardback

Date Published: 27 July 2018

Country: United States

Imprint: Bloomberg Press

Audience: General / adult

DIMENSIONS

Spine width: 25.0mm

Width: 158.0mm

Height: 234.0mm

Weight: 386g

Pages: 192

About the Author

MICHAEL BATNICK is the director of Research at Ritholtz Wealth Management. He develops and implements risk management and portfolio strategies for clients and leads internal research efforts. He educates people on investing at The Irrelevant Investor blog and co-produces the weekly podcast, Animal Spirits.

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