Too Important to Fail? My Misguided Trust in a Doomed Crypto Bank's Resilience

It's never fun to be reminded of terrible investments.

The other day, I was going through a rarely revisited desk drawer. There was this digital video camera I picked up in 2010 -- a solid model at the time and I got a great deal, including two six-packs of digital video cassettes. Very soon after that, I got the first of many smartphones with better video cameras than this tape-based thing. Let's just say that most of those tapes are still in their original packaging today.

Pondering that disappointing return on a seemingly good deal also reminded me of some mistaken stock investments over the years. I'm not perfect; Neither are you or Warren Buffett. That's right -- even legendary investing geniuses like the Oracle of Omaha make some bad calls. The trick is to learn something from each mistake and make slightly better decisions in the future.

Continue reading

Source Fool.com