6 Mistakes Made By Famous Investors And What Can You Learn From Them

You might have heard countless stories about the successful investments of great investors worldwide, up to the point that it becomes repetitive and boring. Well, today we bring you something different, today let’s learn about some investment failures by the top-notch investors around the world, and let’s try to learn a lesson so that we can avoid making those Mistakes if possible. Regardless, it’s going to be an exciting Mistake!

Warren Buffet

warren buffet

Who hasn’t heard of Warren Buffet? The great fundamental passive investor, in fact, people regard him as the best investor of our times. It’s very difficult to imagine Mistakes made by such a great mind. Yet, making Mistakes and learning from them is a part of the journey of reaching the top.

Mistake

Warren Buffet bought a stake in the energy firm called ConocoPhillips as he was long on the energy sector. Yet the price at which he got the stake was too high at that point in time which resulted in multi-billion dollar losses to Berkshire Hathaway. Since crude oil prices were high the stocks were overvalued and eventually they settled down.

Lesson

The difference between a great business and a great investment is the price at which you buy.

Mistake

Did you know Buffett considers his biggest Mistake to be when he bought Berkshire Hathaway? It’s one of the biggest conglomerates in the world. But when Buffett bought it in 1964 it was a struggling textile mill and he hoped to turn it around which never happened and he eventually turned down the factory in 1985.

Lesson

Don’t throw good money after bad.
Also known as the sunk cost fallacy. In economics and business decision-making, a sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.

Chris Sacca

Chris sacca
Steve Jennings / Getty Images

He is an early-stage investor in a couple of companies including Twitter, uber, instagram. His venture capital fund called lowercase is said to be one of the best successful venture capital funds in history. He also features as a recurring guest on the shark tank.

Mistake


Despite Chris making so many successful investments, he regrets he didn’t invest his money in Airbnb, Snapchat, and Dropbox. He says that there will always be something you couldn’t buy or something you missed. It’s a part of investing, you can’t win it all.

Lesson

Don’t worry too much about missed opportunities as you will always miss something. If you go ahead investing in everything you might end up losing the money you gained.

Charlie Munger

He is the vice-chairman of Berkshire Hathaway and Warren Buffett’s partner. His decision-making has been indispensable in the growth and success of the company. His insights on business are unique, rare, and correct with unusual consistency.

Mistake

He invested a lot of money into blue-chip stamps co. which eventually lost money and made a big loss for Berkshire Hathaway. He also failed to predict the impact of the dot com revolution and missed big opportunities in the tech world because he was reluctant to change.

Lesson

At some point, most people will lose money. Keeping your emotions in control will help you be a better investor. If you can’t handle periods of losses, then you probably aren’t going to have very good long-term results.

Elon Musk

elon musk
Bryan Mitchell—Getty Images/Thinkstock

Who doesn’t know Elon musk? The billionaire tech entrepreneur and founder of exciting companies like Tesla, SpaceX, PayPal, and many more. Considered to be a genius but even he isn’t immune to financial doldrums. In fact, there are many episodes of financial Mistakes in his lifetime. Let’s discuss the one relevant to us.

Mistake

Elon Musk’s voracious appetite to continue investing in his businesses made him run out of cash. Despite significant paper wealth, his liquid assets were negligible. He is also known to invest all his idle money into a new venture and be all in. This mentality has many a time resulted in him being on the verge of bankruptcy.
He sums up his philosophy as follows:
“If I ask investors to put money in, then I feel morally I should put money in as well … I should not ask people to eat from the fruit bowl if I have not myself been willing to eat from the fruit bowl.”

Lesson

Although this mentality of going all-in has worked for him eventually, it is due to the fact that he was in control of the businesses where he went all-in. Going all-in is a risky endeavor for retail investors as you might end up losing it all. It is very important to keep some money idle for emergencies so that you can meet your short-term liquidity demands.

Carl Icahn

Carl Icahn
David A. Grogan | CNBC

Carl Icahn is a famous American investor who is the controlling shareholder and the founder of Icahn enterprises which has a diverse portfolio of investments. He is also known to be one of wall street’s most successful investors and has been known to shake up corporate America for decades. But even he isn’t immune to financial blunders.

Mistake

He refers to his investment in blockbuster to be the worst Mistake of his 30 years investing career. He invested in Blockbuster when its major competitor was Netflix which was in its initial stage. He gained control of the board and changed the shape of the company from the inside out in order to reinvigorate the spirit of the retail store brand. But people continued to flock to Netflix and his plan didn’t work out. He lost as much as $200 million on this deal.

Lessson

Sometimes your ideas might not work but it’s important to keep an open mind and look for new opportunities. That’s what Icahn did, he invested in Netflix and made around $2 billion against the $200 million loss in Blockbuster.
This episode reminds me of a quote – “if you can’t beat them, join them”

MarketXLS-

Every investor is prone to making mistakes, that’s just a part of the investing journey. It’s very important to keep these lessons in mind while investing so that you don’t repeat the mistakes other people make. Wish you a happy and safe investing!

Want to get even better at investing?

Try out MarketXLS. It has the following features –

1.Stream live stock data or refresh on-demand – Get live quotes, Historical quotes, Fundamentals with more than 300 formulas.

2.Get Professional-grade Historical Stock data in Excel. Use easy formulas like GetHistory(“MSFT“) or use a menu.

marketxls

3.Manage and Optimize your stock portfolios with ease

4.Screen Stocks that Make Money-Screen by returns, dividends, fundamentals, valuations, and many more.

marketXLS
  1. Perform Technical Analysis like Pros- Get hundreds of inbuilt indicators or make your own.
marketxls

6.Ever-growing list of Utilities, templates, and models – Pre-made stock lists, symbol lookup, industry and sector classifications, Twitter integration, valuation models, and more.

7.Global coverage with addons-Buy data bundles as you need them as all versions allow integration of addons with other data partners like Quotemedia & Barchart.

8.Amazing charts – Beautiful-looking charts in your Excel that integrate with your Excel data sets.

9.Fanatical customer service-Always online, less than 12 hours reply, a cherished community of customers and partners. Online knowledge-base and documentation.

Take your investing journey to the next level with marketXLS.
Click here to join – https://www.marketxlswp.com/marketxls-pricing-one-plan-2-2/

References –

https://www.fool.com/investing/general/2015/10/10/the-biggest-blunders-of-the-worlds-richest-investo.aspx

https://www.investopedia.com/financial-edge/0210/buffetts-biggest-mistakes.aspx

https://www.thinkadvisor.com/2018/06/04/here-are-some-of-the-most-epic-mistakes-by-famous-investors-michael-batnick/

https://www.kiplinger.com/slideshow/investing/t031-s003-5-great-investors-worst-mistakes/index.html

https://www.toptal.com/finance/venture-capital-consultants/elon-musks-investments

Image sources –

https://static.pulse.ng/img/incoming/origs7891746/3680488286-w980-h640/Warren-Buffett-5-personal-finance-tips.jpg

https://economictimes.indiatimes.com/wealth/invest/money-lessons-from-warren-buffett-and-charlie-munger/articleshow/69278950.cms

Verelq News |
16.04.2024

alexistogel macau

alexistogel

link alexistogel

situs alexistogel

alexistogel rtp

situs alexistogel

link alternatif alexistogel

alexistogel gacor

bandar alexistogel

alexistogel

alexistogel

alexistogel terpercaya

alexistogel gacor

alexistogel

alexistogel 4d

alexistogel

alexistogel

alexistogel gacor

alexistogel terpercaya

agen togel online

link alexistogel

alexistogel toto

alexistogel

alexistogel rtp

situs alexistogel

bandar alexistogel

alexistogel

link alexistogel

alexistogel

alexistogel togel slot

alexistogel

alexistogel online

alexistogel

alexistogel gampang menang

alexistogel 4d

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

alexistogel

slot gacor alexistogel

Alexistogel

Alexistogel

Alexistogel

شرط بندی پرسپولیس شرط بندی استقلال شرط بندی روی تراکتورسازی تبریز شرط بندی روی سپاهان شرط بندی رئال مادرید بارسلونا شرط بندی شرط بندی psg سایت شرط بندی جام جهانی شرط بندی جام جهانی 2026 سایت شرط بندی جام جهانی 2026 بازی انفجار رایگان سایت انفجار ضریب بالا بهترین سایت شرط بندی فارسی شرط بندی بدون فیلتر شرط بندی بازی رولت شرط بندی پوکر شرط بندی مونتی شرط بندی سنگ کاغذ قیچی شرط بندی بلک جک کرش رویال بت پاسور شرط شرط بندی تخته نرد آنلاین انفجار 2 بت شرط بندی بازی اسلات شرط بندی بازی پوپ سایت سامان بت ریور پوکر 2024 سایت 4030bet ورود به بازی انفجار دنس بت شرط بندی انفجار دنس آموزش بازی پوکر سایت شرط بندی 123 بهترین شرط بندی بهترین سایت شرط بندی انفجار اپلیکیشن بازی انفجار دانلود بازی انفجار انفجار بازی ربات بازی انفجار کازینو آنلاین ایرانی انفجار پولساز ورود به بازی انفجار بازی انفجار با شارژ 10 تومن سایت bet betyek وان ایکس برو آدرس سایت بت یک سایت دوست دختر اونلی فنز فارسی پیدا کردن دوست دختر ورود به ریور پوکر پدرام مختاری پویان مختاری نازنین همدانی مونتیگو داوود هزینه بیوگرافی آیسان اسلامی بیوگرافی دنیا جهانبخت سایت رسمی حسین تهی بیوگرافی کوروش وانتونز سایت آرتا وانتونز رها وانتونز بیوگرافی ربکا قادری سحر قریشی بیوگرافی تتلو بیوگرافی مهدی طارمی الناز شاکردوست سایت عادل فردوسی پور بیوگرافی نیلی افشار بیوگرافی محمدرضا گلزار سایت armin2afm بیوگرافی شادمهر عقیلی بیوگرافی سردارآزمون بیوگرافی علیرضا بیرانوند بیوگرافی رامین رضاییان وریا غفوری بیوگرافی علی دایی بیوگرافی پوریا پوتک مدگل سایت حصین بیوگرافی صدف طاهریان فرشاد سایلنت بیوگرافی آریا کئوکسر بیوگرافی sogang بیوگرافی میا پلیز بیوگرافی مهراد هیدن سایت رسمی سهراب ام جی بیوگرافی علیرضا جی جی بیوگرافی بهزاد لیتو اشکان فدایی بیوگرافی رضا پیشرو بیوگرافی گلشیفته بیوگرافی هیپ هاپولوژیست بیوگرافی سارن بیوگرافی آدام مرادی بیوگرافی محمد هلاکویی بیوگرافی علی حسنی سایت رسمی علی حسنی بیوگرافی ساسی خواننده بیوگرافی ابی باربد معصومی حسینی فایننس بیوگرافی امیرحسین نام آور بیوگرافی امین فردین بیوگرافی فرزاد وجیهی سایت سیب بت سایت jetbet آدرس جدید بت فوروارد وان ایکس بت سایت abt90 بازی انفجار سایت شرط بندی فاز بت بهترین سایت شرط بندی انفجار ورود به آلپاری آلپاری فارکس آدرس بروکر آلپاری بدون فیلتر ثبت نام در بروکر آلپاری فارسی صرافی کوکوین ربات فارکس بهترین سایت تتر

alexistogel toto online

bandar alexistogel

alexistogel bandar gacor

alexistogel link

alexistogel online

alexistogel bandar togel

link alternatif alexistogel

alexistogel

alexistogel

alexistogel

alexistogel daftar

alexistogel toto macau

alexistogel bandar macau

alexistogel slot

alexistogel agen slot

alexistogel

situs alexistogel

alexistogel

alexistogel slot

alexistogel

alexistogel

alexistogel

alexistogel bandar slot

alexistogel

Alexistogel Toto Macau

alexistogel

bandar alexistogel

alexistogel slot

alexistogel link alternatif

alexistogel macau

alexistogel

alexistogel toto macau

slot alexistogel

alexistogel bandar togel

alexistogel

alexistogel rtp

alexistogel

alexistogel slot

alexistogel

alexistogel

alexistogel

alexistogel terpercaya

daftar alexistogel

alexistogel online

rtp alexistogel

alexistogel slot

alexistogel gacor

link alternatif alexistogel

alexistogel login

alexistogel

alexistogel slot dana

agen togel online

bandar togel online

alexistogel rtp

alexistogel slot

alexistogel daftar

slot online dana

bandar togel slot

togel online terpercaya

slot pragmatic gacor

link situs slot resmi

situs slot online

link daftar togel slot

bandar slot gacor hari ini

bocoran pola slot

situs slot online

bandar slot online

bandar togel online

slot online terpercaya

togel slot online

slot deposit qris

agen slot online gacor

rtp live slot online

bandar slot online

bandar slot online gacor

agen slot online

daftar bandar togel slot

bandar togel online

togel slot hari ini

link alternatif togel slot

rtp slot online gacor

slot online gacor

situs slot gacor

rtp slot gacor

slot online gacor

tips slot maxwin

togel slot gacor

prediksi togel

game slot gacor

trik slot online

prediksi togel jitu

game slot online

togel online terpercaya

daftar togel slot online

bandar togel terpercaya

slot online gacor

trik slot bonus

prediksi togel online

rtp slot online

panduan togel online

RTP LIVE

Bandar Toto Macau

Situs Slot Gacor

bandarbola855 resmi

bandarbola855 gacor

bandarbola855 slot

link bandarbola855

bandarbola855 bola slot

bandarbola855 rtp

bandarbola855 slot online

bandarbola855 link

bandarbola855 bandar

bandarbola855 slot terpercaya

bandarbola855

bandarbola855 slot

bandarbola855 terpercaya

bandarbola855 online

slot bandarbola855

bandarbola855 slot

bandarbola855 daftar

bandarbola855 link

bandarbola855

bandarbola855

bandarbola855

bandarbola855 slot

bandarbola855

bandarbola855 rtp

bandarbola855

bandarbola855

bandarbola855

iosbet

iosbet

link iosbet

slot online iosbet

iosbet link login

slot iosbet

iosbet gacor

iosbet slot

iosbet

slot iosbet

agen iosbet

bandar iosbet

iosbet

iosbet link

bandar iosbet gacor

iosbet

iosbet

iosbet

iosbet

liatogel

bandar liatogel

login liatogel

live draw hk liatogel

liatogel slot online gacor

liatogel totomacau

liatogel link

slot gacor

daftar slot online

bandar slot dana

slot ovo

slot gopay