Wiley.com
Print this page Share

The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors

ISBN: 978-0-470-48106-6
Hardcover
272 pages
January 2010
List Price: US $34.95
Government Price: US $17.82
Enter Quantity:   Buy
The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors (0470481064) cover image
This is a Print-on-Demand title. It will be printed specifically to fill your order. Please allow an additional 15-20 days delivery time. The book is not returnable.

Acknowledgments ix

Introduction 1

Chapter 1 Kirk Kerkorian: Due Diligence Is Due Every Time 11

Chapter 2 David Bonderman: Does This Mean I Also Overpaid for the Rolling Stones? 31

Chapter 3 Aubrey McClendon: Falling on the Wrong Edge of the Two-Edged Leverage Sword 51

Chapter 4 Bill Ackman: Detour from Discipline 69

Chapter 5 Nick Maounis: “Trust, but Verify…” 89

Chapter 6 Leon Cooperman: The Pirate of Prague Meets the Prince of Princeton—and the Boy from the Bronx Gets Squeezed 109

Chapter 7 Richard Pzena: Fashions Change, History Persists—or Does It? 129

Chapter 8 Geoff Grant: Style Drift—It’s Hot Till It’s Not 149

Chapter 9 Volkswagen and Porsche: The Hare Finally Wins and the Shorts Get Squeezed 171

Chapter 10 Chris Davis: It Was Dressed like an Insurance Company, but It Didn’t Quack Like One… 195

Chapter 11 Madoff Investors: Hook, Line, and Sunk 215

Epilogue Me Too: Mistakes I’ve Made and Lessons I’ve Learned 235

Notes 237

Glossary 241

About the Author 249

Index 251

Back to Top