<p><b>THE BILLION DOLLAR MISTAKE</b> offers an up-close account of the career-defining mistakes that some of the world's most brilliant billionaire investors have madeand a revealing look at what you can learn from them. These mistakes, while spectacularly large in amount, are commonly simple in practice, identical to the errors in investment judgment made by everyday investors. Drawing on author Stephen Weiss's more than twenty years of experience at some of Wall Street's most prestigious firms, this book is based upon original research and interviews with legendary investors who discuss the most significant trade or investment that went against them, the magnitude of the loss, and its effect on their businessesand their personal lives. <p>Page by page, this intriguing book skillfully examines the causal relationship between the quirks of each investor's personality and the mistakes each committed. Along the way, Weiss provides you with a series of compelling narrative accounts of the individual's road to success, the particular mistakes they made, the investing flaws that led to them, and the lessons learned. While some investors made errors of judgment, others made errors of perception. <p>Engaging and informative, <i>The Billion Dollar Mistake</i> is a unique investment book. Each chapter entertains while imparting the wisdom that will help you become a better investor. Along the way, it: <ul> <li>Uncovers important lessons learned from the mistakes of some of the most enduring and accomplished investors, including Kirk Kerkorian, Bill Ackman, Aubrey McClendon, and Leon Cooperman</li> <li>Discusses how to incorporate these lessons into your investment discipline and avoid the same missteps</li> <li>Reveals common mistakes made by the world's most skilled investors that the average investor can relate tothe only difference is the number of zeros attached to the loss</li> <li>Includes insights on improving your investment results by refining your approach to today's markets</li> </ul> <p>Learning from the missteps of the best in the investment business can help you succeed. With <i>The Billion Dollar Mistake,</i> you'll discover how.