If you are on the go and still want to learn how to manage your personal finances, audiobooks provide the perfect educational resource. Warren Buffet’s experience, along with numerous others, is documented in texts that we can read and learn from every day. Luckily, you don’t have to heavily invest in one company to learn the best management of your personal finances. However, his company retains the name of his biggest investing mistake and his most important lesson. It was an emotional decision and, "the dumbest thing I could have done,” he would later recount. Instead of selling for profit when he could, at a price slightly below his offer, he held on and bought more stock. Buffett bought because he believed it was undervalued. In 1962, Berkshire Hathaway was a failing New England textile company that Mr. For Warren Buffett, his first and greatest lesson was his failure to recognize his mistake when purchasing Berkshire Hathaway.
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