Managers' Biggest Errors of Omission
Leuthold's Doug Ramsey, Ariel's Charlie Bobrinskoy, and Tom Forester of Forester Value discuss the ones that got away, including Sara Lee, retailers, and Netflix.
Dorsey: For each of you, what's been your biggest recent error of omission, either the stock you wish had sold, the stock you wish you had bought. And I ask this instead of the error of commission because I find that everyone should be able to talk about their mistakes, the stuff that I did that went wrong, but it's only the really good managers who look and say, what didn't I do that could have added value.
Forester: You want to start it.
Pat Dorsey does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.