Small Cap Value Report (20 Jul 2016) – VTU, JDG | Paul Scott | Stockopedia

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A friend gave me a copy of “What I learned from losing a millions dollars”, and suggested that I write a similar book about my experiences in the financial crisis.

There are lots of books out there supposedly telling us how easy it is to make a fortune from the markets, and explaining how clever the author is. There aren’t enough books explaining how easy it is to get things disastrously wrong.

I made disastrous mistakes in 2008, and learned some very painful lessons, the hard way. Hubris has hopefully now turned into humility – an essential first step to learning lessons from the mistakes we make in life.

Anyone who claims to get all, or almost all, their investing decisions right, is a liar.

Read more: Small Cap Value Report (20 Jul 2016) – VTU, JDG | Paul Scott | Stockopedia

Mike Rawson

Mike is the owner of 7 Circles, and a private investor living in London. He has been managing his own money for 35 years, with some success.

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Small Cap Value Report (20 Jul 2016) – VTU, JDG | Paul Scott | S…

by Mike Rawson time to read: <1 min
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