Three Reasons to Read This Book
Investing is difficult and mistakes are the unavoidable price of admission. You have two choices: Make all the mistakes everyone else does (but keeps quiet about them) or read this book and learn from the classic mistakes of others.
Reading this book will make your investing life:
What people are saying about
How (not) to lose $1 million
Why I wrote How (not) to Lose $1 million
CONTENT NEEDED
"Growth is not in the success that confirms our brilliance but in the failures that confound and nearly break us."
The Four Kinds of Investing Mistakes
Stocks We Sold Too Late
The act of buying a stock makes it harder to sell. These case studies explain why:
-
A retailer with a CEO that made the BRW Rich List but led to a 93% loss.
-
An oil company leader so charismatic that even when he died we couldn't let go.
-
A company that should have been staggeringly profitable but caused on 80% loss.
Stocks We Should Not Have
Bought At All
Sometimes, the mistake starts right at the beginning. Featuring:
-
The 'buy from hell' that led to an near total wipeout and the most valuable lesson of all.
-
A seemingly cheap stock in a difficult industry with a plan to improve it that led to a 64% loss.
-
A dominant mobile reseller hammered by a viscous price war.
Stocks We Sold Too Soon
Selling high quality, growing stocks too soon is the most costly mistake of all. Featuring:
-
A medical device company on which we made 27 times our initial investment but should have made almost twice that.
-
A stock that returned 17% a year over a decade but that we let slip too cheaply.
-
A global brand that became the biggest, most profitable company in the world.
Stocks We Should Not Have
Bought But Didn't
Occasionally, you will find a great company at an attractive price but fail to act. These case studies will help you hit more than you miss.
-
The lessons from missing out on a 500% gain on Meta.
-
How we missed Afterpay, which turned it's founders into billionaires, and never regretted it for a moment.
See the companies featured
Featured Posts
