Capital Allocators – Inside the Institutional Investment Industry cover image

Shane Parrish – Learning to Learn at Farnam Street (Capital Allocators, EP.164)

Capital Allocators – Inside the Institutional Investment Industry

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Lessons from Investing Mistakes: The JCPenney Experience

This chapter explores a major investment blunder involving JCPenney, highlighting how a charismatic leader's vision can mislead investors. It emphasizes the importance of adaptability in investment strategies and the value of learning from past mistakes.

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