Big mistakes : the best investors and their worst investments
(2018)

Nonfiction

Book

Call Numbers:
332.6/BATNICK,M

Availability

Locations Call Number Status
Adult Nonfiction 332.6/BATNICK,M Available

Details

PUBLISHED
Hoboken, New Jersey : John Wiley & Sons, Inc., [2018]
DESCRIPTION

x, 176 pages ; 24 cm

ISBN/ISSN
9781119366553, 1119366550, 9781119366553 40028399283
LANGUAGE
English
NOTES

Machine generated contents note: Preface Acknowledgments Chapter 1 Benjamin Graham There Are No Iron-Clad Laws Chapter 2 Jesse Livermore Manage Your Risk Chapter 3 Mark Twain Don't Get Attached Chapter 4 John Meriwether Genius's Limits Chapter 5 Jack Bogle Find What Works for You Chapter 6 Michael Steinhardt Stay in Your Lane Chapter 7 Jerry Tsai You're Not As Smart As You Think Chapter 8 Warren Buffett Beware of Overconfidence Chapter 9 Bill Ackman Get Off Your Soapbox Chapter 10 Stanley Druckenmiller Hard Lessons Can Be Necessary Chapter 11 Sequoia The Risks of Concentrated Investing Chapter 12 John Maynard Keynes The Most Addictive Game Chapter 13 John Paulson You Only Need to Win Once Chapter 14 Charlie Munger Handling Big Losses Chapter 15 Chris Sacca Dealing With Regret Chapter 16 Michael Batnick Looking In the Mirror About the Author Index

"This book 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"--

Benjamin 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

"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 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"--