8 Tips about Lessons

5 Mistakes of judgment are the toughest to learn from, because each one is different. There were a lot of ways to look at the mistake of buying...
At the peak of the Internet bubble I went to an investor presentation by [check manufacturer] Deluxe Corp., in which they described how the Internet...
I’ve had the good fortune of being around smart investors my whole life, including my father. But I’d have to say learning from what works and...
[Lessons from a money-losing investment in Sprint?] I’d put this in the category of what David Packard once said, that more companies die of...
The biggest mistakes we ever made involved a few investments in highly acquisitive companies that had balance sheet leverage. The big lesson is that...
Over a long career you learn a certain humility and are quicker to attribute success to luck rather than your own brilliance. I think that makes you a...
One of our biggest mistakes was ten years ago going too heavily into emerging-market closed-end funds, which were selling at 25-30% discounts to net...
I’ve learned from experience to avoid acquisition-driven stories during the actual acquisition-growth phase – big problems always come of that....