Billion Dollar Mistake - Stephen L. Weiss

[Liberty]

[amazonsearch]Billion Dollar Mistake[/amazonsearch]

 

Just started this. Have always loved learning from other people's mistakes...

[infinitee00]

I read it last year. Good book and it does point out some interesting case studies and faux pas made by the best of investors, but frankly I didn't find anything spectacularly eye-opening. Sometimes I felt that the examples were drawn out to increase the number of pages and other times I felt that the conclusions were forced ( I cannot remember specific examples right now but that was my impression when I read it). Some of the examples are also pretty well known and you can find them on the internet.

 

Btw, I am reading 'Billion Dollar Lessons' right now and find it a much better book for learning about failures. It has some excellent examples and case studies, although again I sometimes feel that certain chapters were forced with the examples provided being outliers rather than commonplace mistakes and may have a tenuous cause and effect relationship ( e.g. chapter on misjudged adjacencies is one of them and I felt that it may have been easy for the authors to judge based on 20/20 hindsight). But otherwise a pretty good book.

[Liberty]

I'm just 25 pages in, but I can't say I'm very impressed so far. It does feel padded, and the writing isn't always top notch...

 

I'll keep going and see if it improves.

[Liberty]

I gave up on that book. Maybe I heard good things about Bilion Dollar Lessons and mixed it up with this one...?