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  • Money Magazine

    Three lessons from two failures

    Jan 29, 2020 3 minutes
    STORY GRAHAM WITCOMB

    It is impossible to be an investor and not make mistakes. The aim should be to reduce rather than eliminate them. Because humans learn more from failure than success, this requires a painful examination of what went wrong, starting with a question: How can you tell whether an investing decision was wrong?

    Between our 2014 upgrade to buy and August’s downgrade to sell, the share price of IVF provider Virtus halved and Monash IVF’s

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