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Pabrai Fun - The Great Lesson
I was able to see around the curve a few months before the public markets could see it because I was dealing with this stuff right at the ground level and so when Pabrai fun started it completely sidestepped the entire bubble. Because of digital disruptors experience I understood what the problems of these models were much better than most people understood them. So in the end it actually worked out much better because Pabrao fun said a lot more capital eventually. This was a painful lesson but the great lesson is that success really doesn't teach you anything we don't grow with success it is the failures that help us grow.