Stephen L. Weiss – författare

Important investment lessons gleaned from the mistakes of accomplished professional investors and billionaire businessmenThe Billion Dollar Mistake is an up-close account of the career-defining mistakes that some of the world's most brilliant billionaire investors have made, and a revealing look at what we can learn from them. Drawing on author Stephen Weiss' twenty-two years experience at some of Wall Street's most prestigious firms, the core of this book is based upon original research and interviews with these legendary investors, who discuss the most significant trade or investment that went against them, the magnitude of the loss, its effect on their businesses-and on their personal lives. To some, these fascinating accounts will read like a novel; to others, it will be a treasured and unique investment guide.This intriguing book skillfully examines the causal relationship between the quirks of each investor's personality and the mistakes they have committed. Along the way, Weiss provides a series of compelling narrative accounts of the individuals' road to success, the particular mistakes they made, the character flaws that led to them, and the lessons learned. While some investors made errors of judgment, others made errors of perception. The Billion Dollar Mistake Uncovers important lessons learned from the failures of some of the most enduring and accomplished investors, including Kirk Kerkorian, Bill Ackman, Aubrey McClendon and Leon CoopermanDiscusses how to incorporate these lessons into your investment discipline and avoid the same misstepsReveals common mistakes made by bigger investors that the average investor can relate-the only difference is in magnitude with more zeros attached to the lossIncludes insights on improving your investment endeavors by refining your approach to today's marketsLearning from the missteps of the best in the investment business can help you succeed. With The Billion Dollar Mistake, you'll discover how.

Important investment lessons gleaned from the mistakes of accomplished professional investors and billionaire businessmen

The Billion Dollar Mistake is an up-close account of the career-defining mistakes that some of the world''s most brilliant billionaire investors have made, and a revealing look at what we can learn from them. Drawing on author Stephen Weiss'' twenty-two years experience at some of Wall Street''s most prestigious firms, the core of this book is based upon original research and interviews with these legendary investors, who discuss the most significant trade or investment that went against them, the magnitude of the loss, its effect on their businesses-and on their personal lives. To some, these fascinating accounts will read like a novel; to others, it will be a treasured and unique investment guide.

This intriguing book skillfully examines the causal relationship between the quirks of each investor''s personality and the mistakes they have committed. Along the way, Weiss provides a series of compelling narrative accounts of the individuals'' road to success, the particular mistakes they made, the character flaws that led to them, and the lessons learned. While some investors made errors of judgment, others made errors of perception. The Billion Dollar Mistake

Uncovers important lessons learned from the failures of some of the most enduring and accomplished investors, including Kirk Kerkorian, Bill Ackman, Aubrey McClendon and Leon Cooperman Discusses how to incorporate these lessons into your investment discipline and avoid the same missteps Reveals common mistakes made by bigger investors that the average investor can relate-the only difference is in magnitude with more zeros attached to the loss Includes insights on improving your investment endeavors by refining your approach to today''s markets

Learning from the missteps of the best in the investment business can help you succeed. With The Billion Dollar Mistake, you''ll discover how.

“Concentrating on personal finance don’ts is a clever idea . . . an intriguing reminder of what not to do when investing your money.” —The New York Times   Brilliant investors and top businesspeople make mistakes, too—very expensive ones. Drawing on his twenty-plus years of experience at some of Wall Street’s most prestigious firms, as well as original research and interviews with these legendary investors, Stephen Weiss offers fascinating narrative accounts of their billion-dollar blunders.   Here, such prominent figures as Kirk Kerkorian, Bill Ackman, David Bonderman, Aubrey McClendon, and Leon Cooperman discuss the most significant trade or investment that went against them, the magnitude of the loss, its effect on their businesses—and on their personal lives. The book skillfully examines the causal relationship between the quirks of each investor’s personality and the mistakes they have committed—as well as the lessons learned. While some investors made errors of judgment, others made errors of perception. But no matter how many zeros were attached to these particular losses, investors at any level can profit from the wisdom gained—and avoid the same missteps.   “When a great investor flubs it, everyone can learn a lesson. With that in mind, author Stephen Weiss delves into the biggest mistakes of such Wall Street luminaries as Bill Ackman, Leon Cooperman and Richard Pzena.” —Barron’s

A rousing and practical look at the extremely successful investments of top investors In his first book, The Billion Dollar Mistake, author Stephen L. Weiss showcased the biggest blunders of some of the world's legendary investors—which lost them billions of dollars on a single investment. Incredibly, the mistakes they made were the same mistakes made by everyday investors but for the magnitude of the loss.Weiss's second book, The Big Win: Learning from the Legends to Become a More Successful Investor, highlights financial successes, explaining how the world's most successful investors make a fortune and how you can do the same. As with the missteps Weiss profiled in his first book, the strategies used by these legendary investors are available to all, regardless of size or sophistication. Profiles legendary investors and highlights their investment strategies—from finding the right investment to researching to making a moveProbes each investor's personality and questions their investment thinkingIdentifies and describes each investor's "big win" and why it became their most successful investmentThe Big Win is a primer on successful investing the way it is really done by the people who do it for a living—passionately and with extraordinary success. The Billion Dollar Mistake told readers what not to do to get rich; The Big Win shows readers how to do it right for the payoff of their lives.

A rousing and practical look at the extremely successful investments of top investors

In his first book, The Billion Dollar Mistake, author Stephen L. Weiss showcased the biggest blunders of some of the world''s legendary investors—which lost them billions of dollars on a single investment. Incredibly, the mistakes they made were the same mistakes made by everyday investors but for the magnitude of the loss.

Weiss''s second book, The Big Win: Learning from the Legends to Become a More Successful Investor, highlights financial successes, explaining how the world''s most successful investors make a fortune and how you can do the same. As with the missteps Weiss profiled in his first book, the strategies used by these legendary investors are available to all, regardless of size or sophistication.

Profiles legendary investors and highlights their investment strategies—from finding the right investment to researching to making a move Probes each investor''s personality and questions their investment thinking Identifies and describes each investor''s "big win" and why it became their most successful investment

The Big Win is a primer on successful investing the way it is really done by the people who do it for a living—passionately and with extraordinary success. The Billion Dollar Mistake told readers what not to do to get rich; The Big Win shows readers how to do it right for the payoff of their lives.