I am referring to failure of the financial type. If you have been investing for any reasonable time frame, chances are you have encountered some degree of failure. Everyone goofs up ! And there’s no exception. Everyone, Warren Buffet included makes mistakes. However, the important thing is to not lose the lesson in your failure.
I have failed spectacularly early in my investing journey. It was painful and frustrating. However, my monumental failure was one of my most expensive lessons ever; much more than all that I had spent on my college education! It was a very high fee to pay for a set of lessons i’d never forget.
When you lose, do not lose the lesson.
dumbfella 