Failure Is Not Predictive, Bob Gibson Edition

Among the many treasures within the Market Wizards series of books by Jack Schwager (and they are legion) are the stories about failures. One of the most common threads running throughout his fifty some-odd interviews and four books is that everyone f***s up early in their careers. Really badly. The mistakes of these traders and investors become teachable moments and, in most cases, they take great delight in telling Jack these stories. You can almost picture the gleam in some of their eyes as they take him backâ?¦