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We Study Billionaires - The Investor’s Podcast Network

TIP201: Big Mistakes That Great Investors Make w/ Michael Batnick (Business Podcast)

Jul 29, 2018
Michael Batnick discusses the biggest mistakes legendary investors make, like revealing investments and overconfidence. Learn from Bill Ackman's errors with Herbalife and Chris Sacca's misses with Twitter, Snapchat, Dropbox, and Airbnb. Understand the importance of self-awareness, consistency, and avoiding overconfidence in investing.
35:01

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Avoid discussing investments publicly to prevent potential pitfalls.
  • Embrace adaptability and humility in decision-making to navigate market complexities.

Deep dives

Investing Fundamentals and Mistakes to Avoid

Investing basics often overlooked for obscure topics. Michael Batnick, author of 'Big Mistakes', highlights investor errors to avoid, emphasizing the human aspect of successful investors. Bill Ackman's public stance on Herbalife illustrates the danger of discussing investments publicly. Successful investors stress the need to adapt and change opinions, showcasing humility in decision-making.

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