In this video, Motley Fool financial analyst Matt Koppenheffer references a quote from famed stock investor Peter Lynch about how often we get our investment picks correct. He discusses how so many of us focus on how to be right all the time, when, in fact, there is so much to learn from the times when we're wrong. He highlights two of his own investments that didn't go quite right, in US Bancorp and Bank of America , and tells us what the big takeaways for him were that made him a better investor today.

Make sure you start 2013 with a bang and get the inside scoop on what Motley Fool superinvestor David Gardner will be buying this year. He's crushed the market in his Stock Advisor and Rule Breakers portfolios for years, and now you can take a personal tour of his flagship stock picking-service: SupernovaJust click here now for instant access.


The article 3 Ways to Fail Well As a Stock Picker originally appeared on Fool.com.

Matt Koppenheffer and The Motley Fool own shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Basics of Diversification

Learn one of the fundamental concepts of building a portfolio.

View Course »

Understanding Stock Market Indexes

What does it mean when people say "the market is up 2%"?

View Course »

Add a Comment

*0 / 3000 Character Maximum