"We′re often told how the best get it right, but not how the best can still get it wrong. In Big Mistakes: The Best Investors and Their Worst Investments, Michael Batnick illuminates the reasons why revered investors like Warren Buffett and Jack Bogle along with brilliant minds like Mark Twain and even Isaac Newton have still, at times, lost grand sums of money."
Bethany McLean, Author of The Smartest Guys in the Room, Contributing Editor, Vanity Fair
"Michael Batnick has written a terrific book on investing that doubles as solid financial history. Learning about what has failed, and why, is often more instructive than highlighting success."
Jim Chanos, President and Founder, Kynikos Associates
"Michael Batnick′s new book Big Mistakes: The Best Investors and Their Worst Investments is superb. It succinctly covers the mistakes that some of the greatest investment legends made, and in doing so, reminds us that everyone makes mistakes and that one of the best things we can do to improve our investment results is learn from both our own mistakes and those of others. Happily, one big mistake is easy to avoid not reading Michael′s fascinating and informative new book. Now that would be a big mistake."
Jim O′Shaughnessy, Author of What Works on Wall Street, Founder, Chairman, and Chief Investment Officer, O′Shaughnessy Asset Management
"Michael has written one of the important investment books of our time. Good investing isn′t all about being smart; it′s about maintaining emotional discipline. This book is an amazing chronicle of investors who, at times, didn′t. And since many of those profiled are the greatest investors who ever lived, their lessons are even more relevant to the rest of us."
Morgan Housel, Partner, Collaborative Fund
There Are No Iron–Clad Laws
Manage Your Risk
Don t Get Attached
Genius s Limits
Find What Works for You
Stay in Your Lane
You re Not As Smart As You Think
Beware of Overconfidence
Get Off Your Soapbox
Hard Lessons Can Be Necessary
The Risks of Concentrated Investing
John Maynard Keynes
The Most Addictive Game
You Only Need to Win Once
Handling Big Losses
Dealing With Regret
Looking In the Mirror
About the Author