What You Can Learn From My 50% Loss

full article :
www.forbes.com/sites/garymishuris/2019/0...0-loss/#5bf575fa12fb

What You Can Learn From My 50% Loss

The Lessons:

Don’t believe management’s projections, but rather rely on evidence of actual accomplishments

Spend time understanding the quality of the business rather than getting lost in the financials. Some businesses are tougher than others and they are likely to remain so beyond the next quarter.

Don’t get overconfident because you know a lot of details about the business – it’s the few big things that matter

Spend time thinking about what can go wrong and what that will mean for the business before it happens, not just about how much money you might make if things go right