The most successful investor in world, Warren Buffett, admitted to making some horrible investments.
Last weekend, he said he never should have bought Conoco Oil when crude oil was over $100 a barrel. Dexter shoes? Never heard of them. Even a multi-billion dollar loss when he bought US Air, and had to unload at a steep discount. All three of those had huge potential gain at one time..so did Toyota.
While making mistakes with money is always painful, paying a few "school fees" now and then doesn't have to be a total loss. If you analyze your mistakes and learn from them, you might very well make the money back next time. All investors, even Warren Buffett, must acknowledge that mistakes will be made along the way. We have a very big God who can restore everything and more.
I think this is a reason why Proverbs 16 talks about all our plans, our business deals, may have had a great degree of planning, but God is the one who ultimately determines the result. Read the whole chapter.
http://www.biblegateway.com/passage/?search=prov%2016&version=NLT
vs 33- We may throw the dice, but the Lord determines how they fall.
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