The Billion Dollar Mistake: Learning the Art of Investing through the Missteps of Legendary Investors

( 2 )

All Available Formats + Editions

——

$16.47

NOOK Book

——

$16.47

The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors (eBook) Pub. Date: 10/29/2009 Publisher: Wiley, John & Sons, Incorporated
$14.59

$20.45

Hardcover

$14.59

$20.45

The Billion Dollar Mistake: Learning the Art of Investing through the Missteps of Legendary Investors Pub. Date: 1/7/2010 Publisher: Wiley, John & Sons, Incorporated

Customers Who Bought This Also Bought

Advertising

Overview

Praise for

The Billion Dollar Mistake

"If you want to read only one book on investing this year, make sure it's The Billion Dollar Mistake. It reads like a novel, but the stories are all true. As an active investor, I will leave this book on my desk and use it as a reference. It's simply the best investment book in years. Stephen Weiss's insights blew me away."
—Roger Reinlieb, Private Investor, Retired Partner, Warburg Pincus, LLC

"The Billion Dollar Mistake is perhaps the most entertaining and insightful investment book I have read during my thirty-five years as a top-ranked analyst on Wall Street and my twelve years teaching a course on investing in retail stocks. Anyone with an interest in becoming a better investor would be well served by reading a copy of this book."
—Jeff Feiner, Hedge Fund Analyst; Professor, Columbia University, Graduate School of Business

"The Billion Dollar Mistake demonstrates very clearly that even some of the world's most successful investors can make big mistakes. The key is bouncing back and learning from them. Stephen Weiss's book shows us how."
—Joseph V. Amato, President, Neuberger Berman, LLC

"I'm new to investing and have tried to read other investment books, but they were either too technical or too dry. The Billion Dollar Mistake was perfect—fun to read and easy to understand."
—Bonnie Rose, Actress

"The Billion Dollar Mistake does a superb job of combining thoughtful advice and entertainment in a unique style that grabs the reader's interest and educates. This book should be required reading for every business school educating students in the art of successful investing."
—Carlton Martin, Vice Chairman, Blaylock Robert Van, LLC

"Read this book and learn how to avoid financially debilitating investing mistakes. Weiss has delivered a great investment tool within a very engaging book."
—Spencer Sherman, author of The Cure for Money Madness and CEO, Abacus Wealth Partners, LLC

"Weiss's extensive Wall Street experience allows him to extract investment insight in a constructive way, even though he is analyzing a series of huge investment disasters. A most fascinating read."
—Alain Decoster, Founding Partner, ABS Investment Management LLC

Product Details

ISBN-13: 9780470481066
Publisher: Wiley, John & Sons, Incorporated
Publication date: 1/7/2010
Edition number: 1
Pages: 259
Sales rank: 579,509
Product dimensions: 6.20 (w) x 9.10 (h) x 1.20 (d)

Meet the Author

Stephen L. Weiss has spent the last twenty-three years on Wall Street working for some of the industry's most prestigious firms. He is currently a Senior Managing Director and Head of Equities at an investment bank in New York City. Weiss started in institutional sales at Oppenheimer & Co., then moved to Salomon Brothers, where he eventually co-managed the firm's 500 person global research department and became a spokesperson for the equity division. Weiss also worked at SAC Capital, co-managing the firm for legendary hedge fund manager Steven Cohen. Subsequent to SAC, Weiss joined Lehman Brothers in senior management, helping to restore the once prominent equity business to the pinnacle of the industry.

Acknowledgments.

Introduction.

Chapter 1 Kirk Kerkorian: Due Diligence is Due Every Time.

Chapter 2 David Bonderman: Does This Mean I Also Overpaid for the Rolling Stones?

Chapter 3 Aubrey McClendon: Falling on the Wrong Edge of the Two-Edged Leverage Sword.

Chapter 4 Bill Ackman: Detour from Discipline.

Chapter 5 Nick Maounis: "Trust, But Verify…."

Chapter 6 Leon Cooperman: The Pirate of Prague Meets the Prince of Princeton—and the Boy from the Bronx Gets Squeezed.

Chapter 7 Richard Pzena: Fashions Change, History Persists—or Does It?

Chapter 8 Geoff Grant: Style Drift—It's Hot Till It's Not.

Chapter 9 Volkswagen and Porsche: The Hare Finally Wins and the Shorts Get Squeezed.

Chapter 10 Chris Davis: It Was Dressed Like an Insurance Company, but It Didn't Quack Like One…

Chapter 11 Madoff Investors: Hook, Line, and Sunk.

Epilogue: Me Too: Mistakes I've Made and Lessons I've Learned.

Notes.

Glossary.

About the Author.

Index.

Customer Reviews

Average Rating 4.5

( 2 )

Rating Distribution

5 Star

(1)

4 Star

(1)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Review Guidelines

Tell the world what you think of this product.

Add Recommendations

Your Name: Create a Pen Name or Leave Anonymously

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

- HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
- Time-sensitive information such as tour dates, signings, lectures, etc.
- Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
- Comments focusing on the author or that may ruin the ending for others
- Phone numbers, addresses, URLs
- Pricing and availability information or alternative ordering information
- Advertisements or commercial solicitation

Reminder:

- By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
- Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
- See Terms of Use for other conditions and disclaimers.

RolfDobelli

Posted December 16, 2010

more from this reviewer

Fascinating account of legendary investors' biggest stock snafus

You might expect that legendary billionaire investors like Kirk Kerkorian, Aubrey McClendon and Nick Maounis would not make the same mental mistakes as a weekend investor. But they do. These investment geniuses, among the world's smartest - and richest - investors, have lost billions of dollars through boneheaded stock picks. Author Stephen L. Weiss reviews a stack of big investment blunders by these and other renowned financial wizards. Weiss's vast Wall Street experience backs up his analysis, but you'll have to decide if he's correct that people learn more from their mistakes than their achievements. getAbstract thinks you'll enjoy his instructive saga of investment woes.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Anonymous

Posted January 16, 2010

No text was provided for this review.
Anonymous

Posted August 18, 2010

No text was provided for this review.
Anonymous

Posted December 31, 2009

No text was provided for this review.

If you find inappropriate content, please report it to Barnes & Noble