Last weekend, Lanny and I put together a watch list and man was I determined to purchase one of the two stocks I was watching. I know I couldn’t have gone wrong picking either of the stocks; however, I only had enough capital to purchase one. Which stock was it? Let’s take a look and find out.
“Failure is simply the opportunity to begin again, this time more intelligently.” – Henry Ford
“Failure is a part of success.” – Hank Aaron
A little over a year ago I sold my stake in my biggest nightmare investment and realized my largest loss to date, Best Buy (Ticker: BBY). No one ever likes to receive less cash than they invested. But you know what, it happens. What’s important are the lessons you learn from the experience and how you can prevent the situation going forward. This article will share my BBY tale and the lessons I learned from this losing experience.