The Intelligent Investor's Mistakes: Warren Buffett - 38 Buffett’s Investment Stories, Gain Wisdom, Master Risk, and Maximize Profits to Build Enduring Wealth
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The Intelligent Investor's Mistakes: Warren Buffett - 38 Buffett’s Investment Stories, Gain Wisdom, Master Risk, and Maximize Profits to Build Enduring Wealth

The Intelligent Investor's Mistakes: Warren Buffett - 38 Buffett’s Investment Stories, Gain Wisdom, Master Risk, and Maximize Profits to Build Enduring Wealth


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About the Book

“It's good to learn from your mistakes. It's better to learn from other people's mistakes.” - Warren Buffett “I know I'll perform better if I rub my nose in my mistakes. This is a wonderful trick to learn.” - Charlie Munger The book has 38 stories of companies where Buffett made different types of mistakes. The book starts with the acquisition of Berkshire Hathaway in 1965 till 2023. The book is divided into three parts - Part-A: Mistakes of Commission The commission mistakes are typical to any investors, including Buffett. These are due to biases, evaluation of the company’s economic outcome, competitive strength, how to think about the market price movement, and much more. Part-B: Failed to Capitalize in 2008 Crash 2008 US market scenario was comparable to the 1929 depression. This was the time the market was giving exceptional opportunities to invest. Buffett’s inappropriate capital allocation cost more to Berkshire. Part-C: Error of Omissions: “Thumb Sucking” Buffett and Munger both regret often the habit of thumb-sucking. These opportunities include companies like – Amazon, Google, and many more. The book presents you with what was going in Buffett's mind when missed these opportunities and the lessons to be learned from them. These stories help you as an investor to get exposure to different situations where mistakes are possible. Also, these companies are from various industries and operate in the global market. The lessons for you are -Investment Framework and Processes; Investment Strategies; Risk Management; Capital Allocation; Valuation; Smart Diversification; Decision Making and much more. The concept of the book is to recognize the challenges on your journey towards a wealthy life. These lessons unleash your potential and help you to achieve your dreams.


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Product Details
  • ISBN-13: 9781637549070
  • Publisher: SELF PUBLISHED
  • Binding: Paperback
  • Language: English
  • Weight: 203.2 gr
  • ISBN-10: 1637549075
  • Publisher Date: 18 Apr 2024
  • Height: 12.192 mm
  • No of Pages: 205


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The Intelligent Investor's Mistakes: Warren Buffett - 38 Buffett’s Investment Stories, Gain Wisdom, Master Risk, and Maximize Profits to Build Enduring Wealth
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