I started investing when I was not even allowed to drive yet, but my investing activities became more serious in 2012, after I had relocated to Hong Kong, started to work and had some money to actually invest. It didn’t take much time for the inexperienced me to make his first important mistake. At the time, I was already a big fan of value investing and knew the main concepts quite well. However, I was lacking in experience and investing is an industry where a few grey hair can help (which is now starting to happen…). In the next few paragraphs, we will look at why I made that mistake and more importantly, how we can learn from it.
[buffett variation="dangers"]
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