Preview
  • Big Mistakes

  • The Best Investors and Their Worst Investments
  • By: Michael Batnick
  • Narrated by: Steve Menasche
  • Length: 6 hrs and 13 mins
  • 4.3 out of 5 stars (184 ratings)

Prime logo Prime members: New to Audible?
Get 2 free audiobooks during trial.
Pick 1 audiobook a month from our unmatched collection.
Listen all you want to thousands of included audiobooks, Originals, and podcasts.
Access exclusive sales and deals.
Premium Plus auto-renews for $14.95/mo after 30 days. Cancel anytime.

Big Mistakes

By: Michael Batnick
Narrated by: Steve Menasche
Try for $0.00

$14.95/month after 30 days. Cancel anytime.

Buy for $13.75

Buy for $13.75

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's summary

Big Mistakes: The Best Investors and Their Worst Investments explores the ways in which the biggest names have failed and reveals the lessons learned that shaped more successful strategies going forward.

Investing can be a roller-coaster of highs and lows, and the investors detailed here reveal just how low it can go; stories from Warren Buffet, Bill Ackman, Chris Sacca, Jack Bogle, Mark Twain, John Maynard Keynes, and many more illustrate the simple but overlooked concept that investing is really hard, whether you're managing a few thousand dollars or a few billion. Failures and losses are part of the game. Much more than just anecdotal diversion, these stories set the basis for the book's critical focus: learning from mistakes. These investors all recovered from their missteps and moved forward armed with a wealth of knowledge than can only come from experience. Lessons learned through failure carry a weight that no textbook can convey and in the case of these legendary investors, informed a set of skills and strategy that propelled them to the top.

Research-heavy and grounded in realism, this book is a must-listen for any investor looking to maximize their chances of success.

©2018 John Wiley & Sons, Inc. (P)2019 Gildan Media
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Big Mistakes

Average customer ratings
Overall
  • 4.5 out of 5 stars
  • 5 Stars
    102
  • 4 Stars
    51
  • 3 Stars
    24
  • 2 Stars
    5
  • 1 Stars
    2
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    84
  • 4 Stars
    37
  • 3 Stars
    16
  • 2 Stars
    4
  • 1 Stars
    0
Story
  • 4.5 out of 5 stars
  • 5 Stars
    84
  • 4 Stars
    35
  • 3 Stars
    21
  • 2 Stars
    2
  • 1 Stars
    1

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Lessons learned

Very enjoyable; with good anecdotes about some of the great investors. The last chapter about the author is very relatable; the school of hard knocks which many investors travail.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Enjoyed the format

Was a bit surprised with how much I enjoyed this book. Really enjoyed the idea of sharing big losses/mistakes from some of the most successful investors.

The writing style and presentation made the listen enjoyable, and the inclusion of trading idioms and wisdom throughout each chapter was well spaced.

Would actually put this one up there just behind some of the Market Wizards books for overall trading wisdom in a concise and fresh approach.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars

A good summation of others failures

A good summary of some other famous blunders, but sometimes it is repetitive from other books, ie: The Snowball, or Thinking Fast and Slow. He seems to take many of his examples directly from other books like those. But overall it is a good listen.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    3 out of 5 stars
  • Performance
    2 out of 5 stars
  • Story
    3 out of 5 stars

good content but annoying narrator

the content of the book is interesting but not perfect. the narrator sounds really annoying. as if he is reading for 3 year old

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

6 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Really good listen

I wouldn’t say this book gives a ton of “insight” or anything like that. But it’s definitely interesting to get some insight into what some of the most well known investors were thinking or how they were acting at certain points.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Good read for investors, especially retail who may be starting investing their own money

I discovered Michael Batnick through the podcast *The Compound & Friends*, which I enjoy. I came across his book on Audible and decided to listen to the first chapter. I ended up finishing the entire book in three days. While the concepts and facts are familiar, the organization and key takeaways are well-presented and engaging, even for those who have read extensively on the subject.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Before you Invest Read This

If I had read this and understood it when I was 21- I would be twice wealthier today.

This is the stuff you learn by 35 in one book.

But young bucks find it hard to Ready, Aim, and then Fire. The author Fired liked a mad man, then he aimed. But he is offering his wisdom to all. It’s good, take it!

For older investors it’s a good reminder to stay in the right path but you should already know this stuff. Livermore and Long Term Capital Management are well known stories.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

A must read for young and old

I not one for writing reviews but I feel grateful to Michael Batnick for compiling this investment wisdom gem.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

good book

this is a pretty good book. I listened to it on audible. good lessons

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!