Most successful investors learn lessons from the trials and tribulations of their predecessors. While theories and modeling are important, there is often no substitute for real-world experience in life or with investing. Observing theAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation ...