I just want to remember that. What does it take to never make a mistake? I would never be able to do anything original. I would not advance my life or be happy with it. If I never pitch a ball I will never walk a batter, if I never invest I will never loose in the market. If never making a mistake is more important then accepting mistakes then i will never advance. I sold off in 2007. I bought ford at $1.75 in '09 I went short on gold after it's more then a decade long run and was right. I shorted the market 2 months ago and am still short. These are the risky moves that went against the thinking at those times. I also made mistakes; I think radio shack has the right business model for the new economy not Best Buy, but I have lost a lot on that since others do not agree with me.
Latter this month I will invest and ride the bumps in hope it the market makes it's way up for the elections. I believe a high market for the elections is the goal of many very important people and this latest down turn is just coiling the spring.
The mistakes hurt, but what really hurts is to be right and saying "I wish I had done something". [more]