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SUMMARY.Big Mistakes The Best Investors and Their Worst Investments By Michael Batnick


·         What’s in it for me? Valuable lessons without the price tag.

·         In investment, methods and techniques are useful but not infallible.

·         Failing to manage your risk is fatal – even to seasoned investors.

·         Concentrated investments are a risky business.

·         Emotions can cloud our judgements when it comes to business deals.

·         Traders should never overestimate their abilities.

·         Overconfidence has cost even the best investors millions of dollars.

·         Reducing unforced errors is vital to investment success.

·         Investors must take big losses in their stride.

·         Final summary

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