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The Billion Dollar Mistake: Learning the Art of Investing

Posted on 2010-07-02




Name:The Billion Dollar Mistake: Learning the Art of Investing
ASIN/ISBN:0470481064
File size:12 Mb
Publisher: Wiley 2010-01-07
Pages: 272 Pages
ISBN: 0470481064
File Type: PDF
File Size: 12 MB
   The Billion Dollar Mistake: Learning the Art of Investing

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More Through the Missteps of Legendary Investor

Through the Missteps of Legendary Investors

Important investment lessons gleaned from the mistakes of accomplished professional investors and billionaire businessmen The Billion Dollar Mistake is an up-close account of the career-defining mistakes that some of the world's most brilliant billionaire investors have made, and a revealing look at what we can learn from them. Drawing on author Stephen Weiss' twenty-two years experience at some of Wall Street's most prestigious firms, the core of this book is based upon original research and interviews with these legendary investors, who discuss the most significant trade or investment that went against them, the magnitude of the loss, its effect on their businesses-and on their personal lives.

To some, these fascinating accounts will read like a novel; to others, it will be a treasured and unique investment guide. This intriguing book skillfully examines the causal relationship between the quirks of each investor's personality and the mistakes they have committed. Along the way, Weiss provides a series of compelling narrative accounts of the individuals' road to success, the particular mistakes they made, the character flaws that led to them, and the lessons learned. While some investors made errors of judgment, others made errors of perception. The Billion Dollar Mistake 昒ncovers important lessons learned from the failures of some of the most enduring and accomplished investors, including Kirk Kerkorian, Bill Ackman, Aubrey McClendon and Leon Cooperman 旸iscusses how to incorporate these lessons into your investment discipline and avoid the same missteps 昍eveals common mistakes made by bigger investors that the average investor can relate-the only difference is in magnitude with more zeros attached to the loss 旾ncludes insights on improving your investment endeavors by refining your approach to today's markets Learning from the missteps of the best in the investment business can help you succeed. With The Billion Dollar Mistake, you'll discover how.

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