Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
October 26, 2011
It was late October and dark in the early morning as I entered Boston’s newest and highest skyscraper, the Bank of Boston. I walked through the lobby to the far end of the elevator bank and pressed the button to the 37th floor, the penthouse. There were two massively opposing 12 foot high oak doors at the office entrance. ...