Unlike many investors, he admits and mostly corrects his errors. He discerns two types; knowing their differences can spare you much grief. Sometime in the mid-1990s (I recall vaguely but can’t find the quote), Alan Cameron, who at that time headed the Australian Securities Commission (ASIC’s predecessor), defined an experienced investor as one who accumulates plenty of errors … [Read more...] about Warren Buffett’s 25 biggest mistakes – and 4 lessons they teach