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Investing by Avoiding Investment Mishaps by Joel Tillinghouse
Joel Tillinghouse is one of the most successful stock pickers and active mutual fund managers over the past three decades. He argues that you cannot learn to become a great investor, but you can learn from the investment mistakes of others to be a more successful one. His first lesson of investing rationally brings him to mention the countless bubbles of the past. One bubble we can all learn from from the past was the South Sea Bubble in 1711.