5 Memorable Mistakes and the Lessons I Learned
by John Deysher
As a mutual fund portfolio manager, once a year I review the stock market mistakes I made during the past year.
It’s a useful exercise. Mistakes occur for a variety of reasons including greed, fear and errors in reasoning, facts and judgment.
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Once you realize you’ve made a mistake, your objective is twofold—first, to try to salvage the position and, secondly, to minimize the damage.
All investors like to talk about their winners, few about their losers. With this in mind, I’d like to share some of my most memorable mistakes I’ve made over the years.
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