Don't Make the Same Mistake Softbank Did
It's admittedly easy to look backward and point out someone else's mistake. There's no risk, and hindsight is 20/20. And if the exercise makes for a good teaching moment, it's worth doing.
In this instance, the lesson to be learned is offered up by last quarter's big loss from Japan's SoftBank (OTC: SFTBF), a fund of funds made up of private and publicly traded companies and managed by Japan's second-richest (for now, anyway) individual, Masayoshi Son. Softbank lost $6.5 billion in the three-month stretch ending in September, bearing the brunt of its so-called Vision Fund's $8.9 billion loss.
It was Softbank's first quarterly loss in 14 years.
Source Fool.com
