Big Mistakes

Big Mistakes

From Don Sowa's MoneyTalk by Cumulus Providence

May 7, 2026 · 42 min

About this episode

The episode discusses major investment mistakes made by successful investors, focusing on Mike Steinhardt's significant losses.

Investing can be a humbling endeavor, and even the most successful investors have a few bets that they wish they could take back. Donna and Nathan discuss the fatal errors that led Mike Steinhardt, one of the nation’s most successful hedge fund managers, to lose over $800M in just four days. Also, on MoneyTalk, strategic asset allocation and market timing, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®, CPWA®; Air Date: 5/5/2026; Original Air Dates: 2/23/2023 & 2/6/2024. Have a question for the hosts? Leave a message on the MoneyTalk Hotline at (401) 587-SOWA and have your voice heard live on the air! See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Donna Sowa Allard, Nathan Beauvais

Topics covered

  • investing mistakes
  • hedge funds
  • asset allocation
  • market timing
  • financial strategies

Keywords

  • investing
  • hedge fund
  • financial errors
  • asset allocation
  • market timing
  • Stock Trivia

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