My greatest investing mistake

Perhaps the greatest failure of all is to not learn anything from our mistakes. Here, John Addis explains his grandest, most catastrophic loss and the lessons he took from it.

The best thing about writing of one’s investing mistakes, at least in my case, is the sheer richness and depth of the material. The hardest part is in knowing where to start.

After much forethought, I settled on a former Intelligent Investor Share Advisor resources analyst, Tom Elder, a tall, rangy man possessed of a clutch of whimsical stories and a farming brain pre-wired for value investing.

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