Big Mistakes by Michael Batnick

Big Mistakes by Michael Batnick

PRAISE FOR
BIG MISTAKES

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

Michael Batnick is the director of Research at Ritholtz Wealth Management. He develops and implements risk management and portfolio strategies for clients and leads internal research efforts. He educates people on investing at The Irrelevant Investor blog and coproduces the weekly podcast Animal Spirits.