LEADER 04057nam 2200541 450 001 9910810019103321 005 20200520144314.0 010 $a1-119-36643-7 010 $a1-119-36641-0 035 $a(CKB)4100000004821465 035 $a(Au-PeEL)EBL5400128 035 $a(CaPaEBR)ebr11564543 035 $a(OCoLC)1038241092 035 $a(CaSebORM)9781119366553 035 $a(MiAaPQ)EBC5400128 035 $a(EXLCZ)994100000004821465 100 $a20180620d2018 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aBig mistakes $ethe best investors and their worst investments /$fMichael Batnick 205 $a1st edition 210 1$aHoboken :$cBloomberg Press,$d2018. 215 $a1 online resource (191 pages) 225 1 $aBloomberg 300 $aIncludes index. 311 $a1-119-36655-0 320 $aIncludes bibliographical references and index. 327 $aBenjamin Graham : there are no iron-clad laws -- Jesse Livermore : manage your risk -- Mark Twain : don't get attached -- John Meriwether : genius's limits -- Jack Bogle : find what works for you -- Michael Steinhardt : stay in your lane -- Jerry Tsai : you're not as smart as you think -- Warren Buffett : beware of overconfidence -- Bill Ackman : get off your soapbox -- Stanley Druckenmiller : hard lessons can be necessary -- Sequoia : the risks of concentrated investing -- John Maynard Keynes : the most addictive game -- John Paulson : you only need to win once -- Charlie Munger : handling big losses -- Chris Sacca : dealing with regret -- Michael Batnick : looking in the mirror. 330 $aA Must-Read for Any Investor Looking to Maximize Their Chances of Success Big Mistakes: The Best Investors and Their Worst Investments explores the ways in which the biggest names have failed, and reveals the lessons learned that shaped more successful strategies going forward. Investing can be a rollercoaster of highs and lows, and the investors detailed here show just how low it can go; stories from Warren Buffet, Bill Ackman, Chris Sacca, Jack Bogle, Mark Twain, John Maynard Keynes, and many more illustrate the simple but overlooked concept that investing is really hard, whether you're managing a few thousand dollars or a few billion, failures and losses are part of the game. Much more than just anecdotal diversion, these stories set the basis for the book's critical focus: learning from mistakes. These investors all recovered from their missteps, and moved forward armed with a wealth of knowledge than can only come from experience. Lessons learned through failure carry a weight that no textbook can convey, and in the case of these legendary investors, informed a set of skills and strategy that propelled them to the top. Research-heavy and grounded in realism, this book is a must-read for any investor looking to maximize their chances of success. Learn the most common ways even successful investors fail Learn from the mistakes of the greats to avoid losing ground Anticipate challenges and obstacles, and develop an advance plan Exercise caution when warranted, and only take the smart risks While learning from your mistakes is always a valuable experience, learning from the mistakes of others gives you the benefit of wisdom without the consequences of experience. Big Mistakes: The Best Investors and Their Worst Investments provides an incomparable, invaluable resource for investors of all stripes. 410 0$aBloomberg. 606 $aBUSINESS & ECONOMICS / Investments & Securities$2bisacsh 606 $aSecurities 606 $aInvestments 615 7$aBUSINESS & ECONOMICS / Investments & Securities. 615 0$aSecurities. 615 0$aInvestments. 676 $a332.6 700 $aBatnick$b Michael$f1985-$01683562 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910810019103321 996 $aBig mistakes$94054393 997 $aUNINA