, Columnist
A Bad Bear Stearns Trade Can Teach Investors a Lot
It doesn’t have to take a decade to learn some valuable lessons.
“Money is made slowly and lost quickly” just scratches the surface.
Photographer: Chris Hondros/Getty Images
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What do you do when a trade goes awry?
That was the subtext of a Wall Street Journal column on Christmas Day, “Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns.”