Zero-Return Failures - Part five of a short series on Charlie Munger’s Human Misjudgment Revisited.
See also:
- Charlie Munger On Avoiding Anchoring Bias
- Charlie Munger On The Power Of Prices
- Warren Buffett And The Curious Case Of Tesco Shares
- JPMorgan Develops Learning Algorithm Could Turn Tables On HFT
“More money has probably been lost by investors holding a stock they really did not want until they could ‘at least come out even’ than from any other single reason.” – Phil Fisher
Some of the greatest value investors in history, including the likes of Warren Buffett, Benjamin Graham, Walter Schloss and Irving Kahn, made millions from investing in bankrupt securities. These audacious trades help...
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