This episode is brought to you by Hard Lessons, a Morgan Stanley podcast.
Iconic investors like Stan Druckenmiller, John Gray, and Rick Reeder break down calls that worked.
I knew that this stock would go up for at least two or three years and go up a lot.
Ones that didn't.
I quite frankly thought the company could have reversed course.
They didn't.
And what they learned in between.
When you buy everything and it goes up, it doesn't train you to be a great investor.
It's these hard lessons that make all the difference.
Listen to Hard Lessons wherever you get your podcasts.
Good morning from the Financial Times.
Today is Thursday, September 10th, and this is your FT News Briefing.
The U.S. Treasury Secretary is disappointing bond traders, but it looks like he helped give the yen a boost.
Plus, tech investors are shooting for the stars.
And so the risk is multiplied and the capital involved, the capital at risk is multiplied.
It's go big or go home.
I'm Sonia Hudson in for Mark Filipino, and here's the news you need to start your day.
U.S.
Government bond yields rose to their highest level in almost three years yesterday.
Yields move inversely to prices.