Bearboard! Title: 0.63 or, free lessons ($40,000+ value)Expensive lessons:
1) sometimes one has to get real, earlier on: Newspapers? Really?
2) work harder to create a bear or sell case...even if this is a bullboard
3) try to gauge better the trustworthiness of management
4) don't rely too much on the moves of a market "star"; he or she might have their own game
5) see a big divestment as a warning sign (big change in business model)
6) if there are no postive developments within 2 years....?????????!!!!!!!!!!!!
7) don't borrow at a high interest rate to make a long-term investment
8) be a bit more open-minded
I am sure there are more lessons to be had.