How Not to Lose $1 Million - John Addis

The learning is in the failing.

Successful investors don't concentrate on picking big winners; instead, they work on minimising risk and avoiding losses. Having lost over $1 million through his own investing errors, John Addis invites readers to learn from his losses. Errors include:

1. falling in love with a stock or a charismatic CEO
2. selling too soon as a stock continues to soar
3. misunderstanding the business model
4. not responding to obvious red flags.

Whether you're new to the sharemarket, looking to learn from a master, or an active investor seeking to better understand stockpicking behaviour, this book will not disappoint.